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Last year, CocaCola reported a profit of $200,000 when sales totaled $900,000 and the contribution margin ratio was 40%. If fixed expenses increase by $120,000
Last year, CocaCola reported a profit of $200,000 when sales totaled $900,000 and the contribution margin ratio was 40%. If fixed expenses increase by $120,000 next year, what will sales have to be for the company to earn a pre-tax profit of $250,000?
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