Question
Howard Enterprises has a contribution margin ratio of 65% and fixed costs of $15,000. What would sales have to be in order for Howard to
Howard Enterprises has a contribution margin ratio of 65% and fixed costs of $15,000. What would sales have to be in order for Howard to earn an after-tax profit of $50,000? The company is in the 40% tax bracket. Select one: a. $75,000 Incorrect b. $100,000 c. $151,282 d. $23,077
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Ask Get Perform The Auditors Essential Guide To Asking Better Questions Getting Better Answers And Performing Better Audits
Authors: Robert Berry
1st Edition
B08SYTC4G2, 979-8591025755
