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Sheridan, Inc. earned a net income of $ 3 0 7 , 0 0 0 last year. This year it wants to earn a net
Sheridan, Inc. earned a net income of $ last year. This year it wants to earn a net income of $ The company's fixed costs are expected to be $ and variable costs are expected to be of sales.
a
Determine the required sales to meet the target net income of $ using the mathematical equation.
Required sales
$
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