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eBook Print Question 3 Partially correct Mark 1.00 out of 3.00 P Flag question Net Income Planning Holland Corporation earned an after-tax net income of
eBook Print Question 3 Partially correct Mark 1.00 out of 3.00 P Flag question Net Income Planning Holland Corporation earned an after-tax net income of $182,000 last year. Fixed costs were $750,000. The selling price per unit of its product was $130, of which $60 was a contribution to fixed cost and net income. The income tax rate was 35%. Round UP answers to the nearest unit, when applicable. a. How many units of product were sold last year? 17,167 X units b. What was the break-even point in units last year? 12,500 units c. The company wishes to increase its after-tax net income by 20% this year. If selling prices and the income tax rate remain unchanged, how many units must be sold? 18,100 X units Check
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