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Business, 06.05.2020 06:33 teagan1716

Gordon Manufacturing earned net income of $100,000 during 2015. The company wants to earn net income of $40,000 more during 2016. The company's fixed costs are expected to be $147,000, and variable costs are expected to be 30% of sales.

Required:
Determine the required sales to meet the target net income during 2016.

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Gordon Manufacturing earned net income of $100,000 during 2015. The company wants to earn net income...
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