Question: Use the information for Sheridan Shacks in Exercise 15 and assume a tax rate for the company of 35 percent. a. If Sheridan Shacks wants

Use the information for Sheridan Shacks in Exercise 15 and assume a tax rate for the company of 35 percent.
a. If Sheridan Shacks wants to earn an after-tax profit of $182,000, how many garden sheds must it sell?
b. How much revenue is needed to yield an after-tax profit of 8 percent of revenue? How many garden sheds does this revenue amount represent?

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