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Author Question: James Corporation gathered the following information: Variable costs$550,000Income tax ... (Read 56 times)

kellyjaisingh

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Question 1

Explain what net income and what taxes can have on a manager's decision?

Question 2

James Corporation gathered the following information:

Variable costs$550,000
Income tax rate40%
Contribution-margin ratio30%

Required:
a.Calculate the fixed costs, assuming breakeven revenue is $2,000,000.
b.Calculate sales volume in dollars to produce an after-tax net income of $150,000. 


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Marked as best answer by kellyjaisingh on Mar 6, 2021

fffftttt

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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kellyjaisingh

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Reply 2 on: Mar 6, 2021
Wow, this really help


isabelt_18

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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