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Consider the following available for Pinnacle Corporation: Total fixed costs Contribution margin ratio Based on the given information, calculate the sales revenue needed to achieve a target profit of $750,000. information $2,150,000 0.45

Consider the following available for Pinnacle Corporation: Total fixed costs Contribution margin ratio Based on the given information, calculate the sales revenue needed to achieve a target profit of $750,000. information $2,150,000 0.45

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Consider the following available for Pinnacle Corporation: Total fixed costs Contribution margin ratio Based on the given information, calculate the sales revenue needed to achieve a target profit of $750,000. information $2,150,000 0.45
Transcribed Image Text:Consider the following available for Pinnacle Corporation: Total fixed costs Contribution margin ratio Based on the given information, calculate the sales revenue needed to achieve a target profit of $750,000. information $2,150,000 0.45
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