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Xien Corporation invested 300,000 in a new PPE for operation purposes. Xien's variable costs are 30% of the selling price, and its fixed costs are

Xien Corporation invested 300,000 in a new PPE for operation purposes. Xien's variable costs are 30% of the selling price, and its fixed costs are 600,000. Xien has an effective income tax rate of 40%. The amount of sales required to earn an 8% after tax return on its investment would be

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