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Carla Company, which is subject to a 40% income tax rate, projected its income before taxes for next year as shown here: Sales (184,000 units)
Carla Company, which is subject to a 40% income tax rate, projected its income before taxes for next year as shown here:
Sales (184,000 units) | $9,200,000 | ||
Cost of sales | |||
Variable costs | 2,300,000 | ||
Fixed costs | 3,450,000 | ||
Pretax earning | $3,450,000 |
If Carlas net assets are $41,400,000, what amount of revenue must be achieved for Carla to earn a 10% after-tax return on assets?
Total Revenue |
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