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The contribution margin ratio is 25% for Grain Company and the break-even point in sales is $240,000. To obtain a target net operating income of
The contribution margin ratio is 25% for Grain Company and the break-even point in sales is $240,000. To obtain a target net operating income of $70,000, sales would have to be: A. $335,000 B. $520,000 C. $310,000 D. $290,000 Do not copy from Chegg and give complete answer with explanation |
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