question archive The break-even point in sales for Rice Company is $360,000, and the company's contribution margin ratio is 20%
The break-even point in sales for Rice Company is $360,000, and the company's contribution margin ratio is 20%
Subject:AccountingPrice: Bought3
The break-even point in sales for Rice Company is $360,000, and the company's contribution margin ratio is 20%. Its income tax rate is 40%. If Rice Company desires an after-tax operating profit of $84,000, what would total sales have to be?
