modie5072 modie5072

30-12-2019
Business

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A company requires $1700000 in sales to meet its net income target. Its contribution margin is 40%, and fixed costs are $300000. What is the target net income?

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weaambenyounes29 weaambenyounes29

30-12-2019

Answer:

the correct answer is 380,000

Explanation:

1,700,000 × 40% =680,000

680,000-300,000=380,000

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