The following information is for High Corp:

If targeted operating income is $50,000, then targeted sales revenue is ________. (Round the final answer to the nearest dollar.)
A) $540,000
B) $390,000
C) $150,000
D) $180,000

Question

The following information is for High Corp:

If targeted operating income is $50,000, then targeted sales revenue is ________. (Round the final answer to the nearest dollar.)
A) $540,000 
B) $390,000 
C) $150,000 
D) $180,000

Quizplus · Accepted Answer

($130,000 + $50,000) / [($60 - $40) / $60] = $540,000

The Following Information Is for High Corp