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a) In your own words, describe how you would incorporate income tax into the calculation of required sales to achieve a certain after-tax profit. b)
a) In your own words, describe how you would incorporate income tax into the calculation of required sales to achieve a certain after-tax profit.
b) Legal Solvers Ltd. is considering running a what-if analysis on their break-even calculations. In your own words, explain how changes in the below variables will impact break-even in billing hours:
i. increase in variable cost
ii. decrease in fixed cost
iii. increase in average billing rate per hour
iv. increase in fixed cost
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