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Accounting
Medium
// ID #1199

If the target net income is $9600 and the tax rate is 40%, then the target operating income would be ___________?

A $10,000
B $12,000
C $16,000 ✓
D $14,000
← Previous Question If the fixed cost is $20000, the target operating income is $10000 and the contribution margin per unit is $1200 then required units to be sold will be __________? Next Question → The gross margin is $7000 and the revenues are $16000, then the cost of goods sold would be __________?
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