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Author Question: If planned net income is $30,000 and the tax rate is 30%, then planned operating income would be $39,000. (Read 32 times)

savannahhooper

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Question 1

An increase in the tax rate will increase the breakeven point.
◦ true
◦ false

Question 2

If planned net income is $30,000 and the tax rate is 30%, then planned operating income would be $39,000.
◦ true
◦ false


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Marked as best answer by savannahhooper on Mar 6, 2021

fatboyy09

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savannahhooper

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Reply 2 on: Mar 6, 2021
YES! Correct, THANKS for helping me on my review


duy1981999

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Reply 3 on: Yesterday
Excellent

 

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