Question
4. A firm produces and sells a product with a contribution margin of $32 per unit. The firm is presently selling 90,000 units and earning
4. A firm produces and sells a product with a contribution margin of $32 per unit. The firm is presently selling 90,000 units and earning $240,000 in after-tax income. Taxes are $80,000 at a 25% tax rate. If the firm desires to increase its after-tax income to $300,000, how many more units must it sell?
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IT Auditing Using A System Perspective Premier Reference Source
Authors: Robert Elliot Davis
1st Edition
1799855481, 978-1799855484
