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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 written responses to the following questions a. What is the firm's break-even point in sales dollars? b. If sales should increase by 20 percent by what percent would earnings before taxes (and net income) increase? a. What is the firm's break-even point in sales dollars? $ 21707447 50 (Round to the nearest dollar.) b. If sales should increase by 20 percent, by what percent would earnings before taxes increase? [% (Round to two decimal places.) Data table A (Click on the following icon in order to copy its contents into a spreadsheet) Sales $50,830,649 Variable costs (21.743,000) Revenue before foxed costs $29,087649 Fbxed costs (12.422,000) EBIT $16.665,649 Interest expense (1.224.478) Earnings before taxes $15,441,171 Taxes at 24% (3.705.881) Net Income $11.735290 Help me solve this View an example Print Done
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