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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
(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 writton responses to the following questions: a. What is the firm's break-even point in sales dollars? b. I sales should increase by 40 percent, by what percent would earnings before taxes (and net income) Increase? a. What is the firm's break-even point in sales dollars? Data Table (Round to the nearest dollar) (Click on the following loon in order to copy its contents into a spreadsheet.) Sales $50,061,364 Variable costs (28,561,000) Revenue before fixed costs $21.500,364 Fixed costs (14,695,000) EBIT $6,805,364 Interest expense (1.796,943) Earnings before taxes $5,008,421 Taxes at 25% (1.252,105) Net income $3,756,316 Print Done Enter your answer in the answer box and then click Check part remaining Clear All Check Answer A
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