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The contribution margin ratio is 25% for Your Company and the break-even point in sales revenue is $200,000. To obtain a target net operating income
The contribution margin ratio is 25% for Your Company and the break-even point in sales revenue is $200,000. To obtain a target net operating income of $60,000, what is sales revenue? -- answer in dollars not units. This is a harder version of the last two problems since I gave you sales revenue. Put the CM% formula in front of you and solve for missing number.
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