Question: If the contribution margin ratio is 0.45, how much sales revenue must be earned to get a Profit after tax of $85,000. Assume a tax

If the contribution margin ratio is 0.45, how much sales revenue must be earned to get a Profit after tax of $85,000. Assume a tax rate of 30% and fixed costs of $200,000.

Select one:

a.$469 841.27

b.$321 428.57

c.$388 888.89

d.$268 159.34

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