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The contribution margin ratio is 20% for Grain Company and the break-even point in sales is $253,500. To obtain a target net operating income of
The contribution margin ratio is 20% for Grain Company and the break-even point in sales is $253,500. To obtain a target net operating income of $67,000, sales would have to be
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Financial Accounting
Authors: Robert Kemp, Jeffrey Waybright
4th edition
978-0134125053, 9780134114781, 134125053, 134114787, 978-0134436111
