Michelle Becker's Target Income in Her Business for the Upcoming

question 112

Multiple Choice

Michelle Becker's target income in her business for the upcoming year is $78,500. The company's gross profit margin averages 32.6 percent of sales, and its total operating expenses run 24.7 percent of sales. To achieve her target income, sales of Michelle's company should be ________.

• A)$148,773
• B)$993,671
• C)$317,814
• D)$1,271,348

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