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(Break-even analysis) You have developed the income statement in the popup window, Sales Variable costs Revenue before fixed costs Fixed costs EBIT $ 50,439,375 (25,137,000)
(Break-even analysis) You have developed the income statement in the popup window, Sales Variable costs Revenue before fixed costs Fixed costs EBIT $ 50,439,375 (25,137,000) $ 25,302,375 (10,143,000) $ 15,159,375 (1,488,375) $ 13,671,000 (2,870,910) Interest expense Earnings before taxes Taxes at 21% Net income $10,800,090 , for the Hugo Boss Corporation. It represents the most recent year's operations, which ended yesterday. Your supervisor in the controller's office has just handed you a memorandum asking for written responses to the following questions: a. What is the firm's break-even point in sales dollars? b. If sales should increase by 30 percent, by what percent would earnings before taxes (and net income) increase
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