Determine the target net income

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Reference no: EM13124533

A company requires $1,020,000 in sales to meet its net income target. Its contribution margin is 30%, and fixed costs are $180,000. What is the target net income?

A) $306,000.

B) $234,000.

C) $420,000.

D) $126,000.

Reference no: EM13124533

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