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How to find out total sales revenue required to cover cost

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Reference no: EM132563011

Question 1: A restaurant has sales revenue of $800,000 with average variable cost of 40%. Fixed costs are $250,000. Tax rate is 20% and a net income after tax of $60,000 is required. Find out the total sales revenue required to cover all costs, tax, and net income after tax target of $60,000.

Reference no: EM132563011

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