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MinMin Corporation gathered the following information: Income tax rate 40% Contribution-margin ratio 30% If fixed costs are $600,000, what level of sales dollars is needed
MinMin Corporation gathered the following information:
Income tax rate 40%
Contribution-margin ratio 30%
If fixed costs are $600,000, what level of sales dollars is needed to produce an after-tax net income of $150,000? (Round to the nearest $, and enter a number only).
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