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

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The Answer of 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

A Company Requires $1,020,000 in Sales to Meet Its Net