Question
ABC corp. has estimated the following income statement for its next fiscal year sales $20,000,000 variable costs 6,000,000 revenue before fixed cost 14,000,000 fixed costs
ABC corp. has estimated the following income statement for its next fiscal year
sales $20,000,000
variable costs 6,000,000
revenue before fixed cost 14,000,000
fixed costs 9,000,000
EBIT 5,000,000
interest expense 900,000
earning before taxes 4,100,000
taxes(35%0 1,435,000
net income $ 2,665,000
what is the break-even point in sales dollars for the firm?
if the average unit cost is $20, what is the break even point in units?
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Personal Finance
Authors: Jeff Madura, Hardeep Singh Gill
3rd Canadian Edition
978-0133035575, 133035573, 978-0133970524, 133970523, 978-0134040042
