Below is an income statement for XYZ company as of 12/31/22 Sales: $900,000 Variable costs(60,000*$8) (480,000) Contribution
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Below is an income statement for XYZ company as of 12/31/22
Sales: $900,000 Variable costs(60,000*$8) (480,000) Contribution margin(60,000*_)= $420,000 Fixed costs: (220,000) Net income: $200,000
How many units would XYZ need to sell to earn a net income of $270,000 after tax(income tax=10%)?
Assuming that XYZ increased sales by 9 percent, what would the new income be?
Assuming that XYZ increased the sales price by 16%, what would the new net income be?
Expert Answer:
To find how many units XYZ needs to sell to earn a net income of 270000 after tax we first need to c... View the full answer
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