Koby Co. has sales of $200,000 with variable expenses of $150,000, fixed expenses of $60,000, and a net loss of $10,000. How much would Koby have to sell in order to achieve a net income of 10% of sales?
A) $431,000.
B) $451,000.
C) $375,000.
D) $400,000.
Correct Answer:
Verified
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