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
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B 460 If tax rate is 40 net income after tax is 60 of net ...View the full answer
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Related Book For
Taxes And Business Strategy A Planning Approach
ISBN: 9780132752671
5th Edition
Authors: Myron Scholes, Mark Wolfson, Merle Erickson, Michelle Hanlon
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