Question: Can someone help me determine the correct responses to this question? Hydro Systems Engineering Associates, Inc. provides consulting services to city water authorities. The consulting

Can someone help me determine the correct responses to this question? Can someone help me determine the correct responses to this question? HydroSystems Engineering Associates, Inc. provides consulting services to city water authorities. The

Hydro Systems Engineering Associates, Inc. provides consulting services to city water authorities. The consulting firm's contribution- margin ratio is 25 percent, and its annual fixed expenses are $235,000. The firm's income-tax rate is 40 percent. Required: 1. Calculate the firm's break-even volume of service revenue. 2. How much before-tax income must the firm earn to make an after-tax net income of $134,000? 3. What level of revenue for consulting services must the firm generate to earn an after-tax net income of $134,000? Req 1 to 3 Req 4 Calculate the firm's break-even volume of service revenue. How much before-tax income must the firm earn to make an after-tax net income of $134,000? What level of revenue for consulting services must the firm generate to earn an after-tax net income of $134,000? (Do not round intermediate calculations. Round your final answers to the nearest dollar amount.) Break-even volume Before tax income Service revenue

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