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What level of sales dollars is needed to produce after-tax

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Reference no: EM132719862

MinMin Corporation gathered the following information:

Income tax rate 40%

Contribution-margin ratio 30%

Problem 1: If fixed costs are $600,000, what level of sales dollars is needed to produce an after-tax net income of $150,000? (Round to the nearest dollar).

Reference no: EM132719862

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