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M Company has a goal of earning $70,000 after-tax income. Ivan would incur a 30% income tax rate on pre-tax income. The contribution margin
M Company has a goal of earning $70,000 after-tax income. Ivan would incur a 30% income tax rate on pre-tax income. The contribution margin ratio is 30%. What amount of dollar sales must be achieved to reach the goal if fixed costs are $80,000? $500,000 $570,000 $233,333 $600,000 $420,000
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