In 2020, X Company's revenue was $180,000, ils total variable costs were $111,600, and its fixed costs were $85,400. For 2021, the company assumes that the relationship between revenue and variable costs will not change but that fixed costs will increase by 21%. With a 40% tax rate, what will revenue have to be in 2021 in order for X Company to earn $43,000 after taxes?

Answer rating: 100% (QA)

To determine the revenue X Company needs to earn in 2021 in order to earn 43000 after taxes well cal... View the full answer