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Lake Sales had $2,000,000 in sales last month. The contribution margin ratio was 40% and operating profits were $150,000. What sales volume does Lake's need
Lake Sales had $2,000,000 in sales last month. The contribution margin ratio was 40% and operating profits were $150,000. What sales volume does Lake's need to yield a $325,000 operating profit?
$375,000.
$1,850,000.
$2,437,500.
$2,325,000.
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