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14. Using a DOL for 2022 equal to 3.00, if Spencer Company expects sales to decrease 5% in 2023 , by how much will the

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14. Using a DOL for 2022 equal to 3.00, if Spencer Company expects sales to decrease 5% in 2023 , by how much will the net income decrease by in 2023 ? A. $5,000 B. $15,000 C. $20,000 D. $25,000 E. $30,000 15. Based on the cost and revenue structure on the Spencer income statement, in order to earn a target net income equal to 40% of sales, what would Spencer's sales dollars have to equal (using the Y-formula)? 4 a. $514,286 b. $714,286 c. $814,286 d. $614,286 Below is an income statement for XYZ Company as of 12/31/22: 6. How many units would XYZ need to sell to earn a net income of $270,000 after tax (income tax =10%)? a. 66,286 b. 68,286 c. 70,286 d. 74,286 17. Using one of the short-cut tricks that you leamed, assuming that XYZ increased sales by 9 percent, what would the new net income be? a. $197,800 b. $217,800 c. $237,800 d. $257,800 14. Using a DOL for 2022 equal to 3.00, if Spencer Company expects sales to decrease 5% in 2023 , by how much will the net income decrease by in 2023 ? A. $5,000 B. $15,000 C. $20,000 D. $25,000 E. $30,000 15. Based on the cost and revenue structure on the Spencer income statement, in order to earn a target net income equal to 40% of sales, what would Spencer's sales dollars have to equal (using the Y-formula)? 4 a. $514,286 b. $714,286 c. $814,286 d. $614,286 Below is an income statement for XYZ Company as of 12/31/22: 6. How many units would XYZ need to sell to earn a net income of $270,000 after tax (income tax =10%)? a. 66,286 b. 68,286 c. 70,286 d. 74,286 17. Using one of the short-cut tricks that you leamed, assuming that XYZ increased sales by 9 percent, what would the new net income be? a. $197,800 b. $217,800 c. $237,800 d. $257,800

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