Question
ABC Company estimates the following data for the coming month: total variable costs $60,000.00, income tax rate 30%, contribution margin percentage 60%. Find the estimated
ABC Company estimates the following data for the coming month: total variable costs $60,000.00, income tax rate 30%, contribution margin percentage 60%. Find the estimated total sales for the coming month.
| a. | $100,000 | |
| A GUESS b. | $60,000 / 40% | |
| c. | $60,000 / 60% | |
| d. | $60,000 X 60% |
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Financial Holding Company Audit Compliance And Risk Management
Authors: Anthony Ludovic Assassa
1st Edition
6206122727, 978-6206122722
