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Compute the required target profit

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Reference no: EM133107259

Question - For Valtech Corporation:

Revenues $450,000

Unit Variable Costs $20

Unit Contribution Margin $10

Before Tax Income $25,000

Tax Rate 25%

Required - Compute the required Target Profit on a $400,000 investment with an expected rate of return of 15%?

Reference no: EM133107259

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