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A company requires $1700000 in sales to meet its net income target. Its contribution margin is 40%, and fixed costs are $300000. What is the target net income?
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A company requires $1700000 in sales to meet its net income target. Its contribution margin is 40%, and fixed costs are $300000. What is the target net income?

User Anaxin
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Answer:

the correct answer is 380,000

Step-by-step explanation:

1,700,000 × 40% =680,000

680,000-300,000=380,000

User Alora
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