(CVP: taxes) Use the information for HG Industries in Exercise 14 and as sume a tax rate...
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(CVP: taxes) Use the information for HG Industries in Exercise 14 and as¬ sume a tax rate for the company of 35 percent.
a. If HG Industries’ management wants to earn an after-tax profit of $265,785, how many playhouses must it sell?
b. How much revenue is needed to yield an after-tax profit of 13 percent of revenue? How many playhouses does this revenue amount represent?
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Cost Accounting Foundations And Evolutions
ISBN: 9780324235012
6th Edition
Authors: Michael R. Kinney, Jenice Prather-Kinsey, Cecily A. Raiborn
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