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Garner stores, Inc. is a multiple-store chain retailer of women's clothing. You are provided with the following budgeted income statement for the coming year. Required:

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Garner stores, Inc. is a multiple-store chain retailer of women's clothing. You are provided with the following budgeted income statement for the coming year. Required: 1. Determine the breakeven point in dollars for 2016. 2. What is the required sales dollars if desired profit is to increase by 10% over the budgeted pre-tax profit? 3. Why is the consideration of income taxes important in CVP analysis

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