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urgent 73 09: The owner of the company wants a Net Income of $120,000 annually and a contribution margin ratio of 35%. The company has
urgent 73 09: The owner of the company wants a Net Income of $120,000 annually and a contribution margin ratio of 35%. The company has a 30% tax rate and fixed costs of 74 $110,000. What operating income does the owner expect? 75 A) $171,429 76 B) $157,143 C) $184,615 78 D) $169,230 79 80 81 82 77 83
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