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A restaurant has sales revenue of $580000 with a variable cost or sales of 42%. fixed costs are $245920. The owner wishes to have $86000
A restaurant has sales revenue of $580000 with a variable cost or sales of 42%. fixed costs are $245920. The owner wishes to have $86000 after-tax return on a tax rate of 32% what is the amount of additional sales revenue needed to support the net income after tax? b) what is the amount of tax? c$ what is the breakeven sales revenue?
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