Suppose Hernandez Construction Company has a 30% income tax rate, a contribution-margin ratio of 25 per cent

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Suppose Hernandez Construction Company has a 30% income tax rate, a contribution-margin ratio of 25 per cent and fixed costs of €440,000. What sales volume is necessary to achieve an after-tax income of €84,000?

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Introduction To Management Accounting

ISBN: 9780273737551

1st Edition

Authors: Alnoor Bhimani, Charles T. Horngren, Gary L. Sundem, William O. Stratton, Jeff Schatzberg

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Question Posted: Dec 28, 2023 07:41 AM

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Suppose Hernandez Construction Company has a 30% income tax rate, a contribution-margin ratio of 25 per cent

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To determine the sales volume needed to achieve the desired aftertax income we need to calc...View the full answer

Introduction To Management Accounting

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