Question
A restaurant has sales revenue of $500,000, variable costs of $200,000, and fixed costs of $200,000. The owner wants net income after tax of $40,000.
A restaurant has sales revenue of $500,000, variable costs of $200,000, and fixed costs of $200,000. The owner wants net income after tax of $40,000. The tax rate is 30%. What is the operating income (before tax)?
| 17,143 | ||
| 40,000 | ||
| 57,143 | ||
| 133,333 |
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Making Use Of Clinical Audit A Guide To Practice In The Health Professions
Authors: Sally J. Redfern, Anemone Kober, Maurice Kogan
1st Edition
0335195423, 978-0335195428
