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11 March, 19:58

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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  1. 11 March, 20:12
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    the correct answer is 380,000

    Explanation:

    1,700,000 * 40% = 680,000

    680,000-300,000=380,000
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