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Question - If the contribution margin ratio is 0.45, how much sales revenue must be earned to get a Profit after tax of $85,000. Assume a tax rate of 30% and fixed costs of $200,000.
a. $388 888.89
b. $268 159.34
c. $321 428.57
d. $469 841.27
oneill co. has 296467 in accounts receivable on january 1. budgeted sales for january are 835975. oneill expects to
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