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Income statement for putnam company

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Putnam Company

Below is an income statement for Putnam Company:

Sales $600,000

Variable costs (150,000)

Contribution margin $450,000

Fixed costs (300,000)

Profit before taxes $150,000

If we assume that there is no change in fixed costs, what will be the expected net income on sales of $850,000?

A.$337,500

B.$550,000

C.$325,000

D.$415,325

Reference no: EM131520243

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