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How much sales revenue must be earned to get a profit

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Reference no: EM132619533

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. $469 841.27

b. $321 428.57

c. $388 888.89

d. $268 159.34

Reference no: EM132619533

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