How much sales are required to earn a target net income of $128,000 if total fixed costs are $160,000 and the contribution margin ratio is 40%?
A. $320,000.B. $648,000.
C. $400,000.
D. $720,000.
STR
- The quartile deviation is:
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- are profitability ratios.
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- A company has total fixed costs of $120,000 and a contribution margin ratio of 20%. The total sales necessary to break even are