Question
Determine what level of sales would generate $3.3m in net income for the following year, if the operating expenses (excl. depreciation and amortization) will increase
Determine what level of sales would generate $3.3m in net income for the following year, if the operating expenses (excl. depreciation and amortization) will increase by 5%. The tax rate will not change.
Sales: $11m
Operating costs (excl. depreciations & amortization): $4.5m
Depreciation and amortization: $1.5m
Interest: $0.7m
Net Income: $2.8m
Tax Rate: 35%
?
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The ASQ Certified Food Safety And Quality Auditor
Authors: Steven Wilson
4th Edition
1951058186, 978-1951058180
