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Question
Raven Company has a target of earning $70,000 pre-tax income. The contribution margin ratio is 30%. What amount of dollar sales must be achieved to reach the goal if fixed costs are $36,000?A.$ 23,333.
B.$ 36,000.
C.$300,000.
D.$353,333.
E.$420,000.
Answer
This answer is hidden. It contains 67 characters.
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