Company XYZ has a Marin of Safety in Dollars of $30,000. Fixed costs are $60,000,...

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Accounting

  1. Company XYZ has a Marin of Safety in Dollars of $30,000. Fixed costs are $60,000, contribution margin ratio 30%, and tax rate 40%. Given this information what is the companys target income after taxes?

Need the work with formula, Thanks !

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