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(Break-even analysis) You have developed the income statement in the popup window, for the Hugo Boss Corporation. It represents the most recent year's operations, which

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(Break-even analysis) You have developed the income statement in the popup window, 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 25 percent, by what percent would earnings before taxes (and net income) increase? Data table a. What is the firm's break-even point in sales dollars? $(Round to the nearest dollar) (Click on the following icon in order to copy its contents into a spreadsheet.) Sales $51,315,786 Variable costs (25,987,000) Revenue before fixed costs $25,328,786 Fixed costs (13,627,000) EBIT $11,701.786 Interest expense (1,551,863) Earnings before taxes $10,149,923 Taxes at 24% (2,435,982) Net Income $7,713,941 Print Done Help me solve this View an example

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