CA ANZ Core 5 Practice Questions - CA Program Core 5 Strategy And Business Performance Exam

Access More Questions

A firm has a contribution margin ratio of 40% and fixed costs of $200,000. What sales revenue is required to achieve a target profit of $80,000?

$$500,000 $$200,000 $$280,000 $$700,000

Correct Answer:

$$700,000

Access more questions from this quiz

Continue to CA ANZ Core 5 Practice Questions - CA Program Core 5 Strategy and Business Performance Exam for more practice questions and the full quiz experience.

Access More Questions