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Which formula gives the sales dollars required to earn a target profit? (P = selling price, V = variable cost per unit, F = total
Which formula gives the sales dollars required to earn a target profit? (P = selling price, V = variable cost per unit, F = total fixed costs, T = target profit)
Choices:
F/[(P - V)/P]
(F + T)/P
F + T/V
(F + P)/[(P - V)/P]
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