SOLUTION: The net income for Abracadabra Magic Store last year was $178 000. If the contribution rate for the store was 27% and the fixed cost was $151 200, what were last years' sales?
An
Algebra.Com
Question 992277: The net income for Abracadabra Magic Store last year was $178 000. If the contribution rate for the store was 27% and the fixed cost was $151 200, what were last years' sales?
Answer: $1 219 259.26
Show work please!
Answer by solver91311(24713) (Show Source): You can put this solution on YOUR website!
This is an accounting question. Please look for help for accounting on a website that provides help with accounting. Try Chegg.com
John
My calculator said it, I believe it, that settles it
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