One Small Grill Company is a start up with the following profile: Unit selling price = $230;
Question:
Unit selling price = $230; Variable cost per unit = $130; Fixed Costs = $36,000;
Tax rate = 40%. How many units should Small Grill sell to achieve an after-tax target income of $6,000?
A) 200
B) 460
C) 230
D) 300
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
B 460 If tax rate is 40 net income after tax is 60 of net ...View the full answer
Answered By
Tamil Elakkiya Rajendran
I'm currently involved in the research in the field of Biothermodynamics, Metabolic pathway analysis and computational Biology. I always prefer to share my knowledge whatever I have learnt through my degree whenever time permits.
2+ Reviews
10+ Question Solved
Related Book For 
Taxes And Business Strategy A Planning Approach
ISBN: 9780132752671
5th Edition
Authors: Myron Scholes, Mark Wolfson, Merle Erickson, Michelle Hanlon
Question Posted:
