A supplier to Home Depot has the following data: Sales $ 1,190,000 Cost of goods sold 476,000
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Question:
A supplier to Home Depot has the following data: Sales $ 1,190,000 Cost of goods sold 476,000 Gross margin $714,000 Less operating expenses: Fixed $39,000 Variable 357,000 396,000 Operating income $ 318,000 What would this supplier's sales have to be in order for the company to have an operating income of $600,000?
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