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) (Show Source):