Head-Gear Company produces helmets for bicycle racing. Currently, Head-Gear charges a price of $230 per helmet. Variable
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Required:
1. What is Head-Gear’s net income for last year?
2. What is Head-Gear’s break-even revenue?
3. Suppose Head-Gear wants to earn before-tax operating income of $900,000. How many units must be sold?
4. Suppose Head-Gear wants to earn after-tax net income of $650,000. How many units must be sold?
5. Suppose the income tax rate rises to 35 percent. How many units must be sold for HeadGear to earn after-tax income of $650,000?
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1 Sales 14000 230 3220000 Less Variable expenses 14000 ...View the full answer
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