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Below is an income statement for XYZ Company as of 12/31/22 : How many units would XYZ need to sell to earn a net income
Below is an income statement for XYZ Company as of 12/31/22 : How many units would XYZ need to sell to earn a net income of $270,000 after tax (income tax =10%)? a. 66,286 b. 68,286 c. 70,286 d. 74,286 17. Using one of the short-cut tricks that you learned, assuming that XYZ increased sales by 9 percent, what would the new net income be? a. $197,800 b. $217,800 c. $237,800 d. $257,800 18. Go back to the original data, and using the other short-cut trick that you learned, assuming that XYZ increased the sales price by 16 percent, what would the new net income be? a. $344,000 b. $324,000 c. $334,000 d. $314,000
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