Question

Yosemite Enterprises desires to earn an after-tax income of $150,000. It has fixed costs of $1,000,000, a unit sales price of $500, and unit variable costs of $200. The company is in the 30% tax bracket.
1. How many dollars of sales revenue must be earned to achieve the after-tax profit of $150,000?
2. How many dollars of revenue would have to be earned to achieve $150,000 of profit, if there had been no income tax?


$1.99
Sales1
Views68
Comments0
  • CreatedMarch 31, 2015
  • Files Included
Post your question
5000