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

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: O a. $321 428.57 O b. $268 159.34 O c. $388 888.89 O d. $469 841.27

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