Question: Please provide the accurate answer to this general accounting problem using valid techniques. 1. Stonehill Corp desires a net income of $250,000. The company has

Please provide the accurate answer to this general accounting problem using valid techniques.

1. Stonehill Corp desires a net income of $250,000. The company has fixed costs of $800,000 and variable costs equal to 55% of sales. What is the required sales? 2. What is the contribution margin percentage

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