Answered step by step
Verified Expert Solution
Question
1 Approved Answer
If fixed costs are $75,000 and profit before taxes equal $23,000 and variable costs equal $44,000, then revenue must be equal to: A. $142,000 B.
If fixed costs are $75,000 and profit before taxes equal $23,000 and variable costs equal $44,000, then revenue must be equal to:
A. | $142,000 | |
B. | $98,000 | |
C. | $119,000 | |
D. | $173,000 |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started