A company has total fixed costs of $120,000 and a contribution margin ratio of 20%. The total sales necessary to break even are

A company has total fixed costs of $120,000 and a contribution margin ratio of 20%. The total sales necessary to break even are

A company has total fixed costs of $120,000 and a contribution margin ratio of 20%. The total sales necessary to break even are

A.  $144,000.
 B.  $600,000.
 C.  $480,000.
 D.  $150,000.