Desired Net Income = Desired Sales - Total Variable Costs - Total Fixed Costs

Name: Desired Net Income = Desired Sales - Total Variable Costs - Total Fixed Costs
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The formula for calculating desired net income is: Desired Net Income = Desired Sales - Total Variable Costs - Total Fixed Costs. This formula is used to determine the amount of sales that a company needs to achieve in order to reach its desired net income goal.