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I am really stuck with this part and wondering if someone could help me with it. Based on the CVP analysis of 2020: Determine 1)
I am really stuck with this part and wondering if someone could help me with it.
Based on the CVP analysis of 2020:
Determine 1) the required sales dollars to achieve an annual operation income like 2016.
2)the required sales dollars to achieve an annual net income after taxes of $180,000. (Cooperate income tax rate is 25%)
3) The required sales in dollars to achieve an annual profit of 320,000 after taxes and after paying 12% of the operating income before taxes as a bonus. (Cooperate income tax rate is 25%)
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