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 ->  Finance -> 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      Log On


   



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) About Me  (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