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If sales should increase by 40%, by what percent would earnings before tax increase? Sales -- $50,679,016 Variable Cost -- ($20,033,000) Revenue before fixed cost
If sales should increase by 40%, by what percent would earnings before tax increase?
Sales -- $50,679,016
Variable Cost -- ($20,033,000)
Revenue before fixed cost -- $30,646,016
Fixed Cost -- ($11,737,000)
EBIT -- $18,909,016
Interest Expense -- (1,543,593)
Earnings Before Tax -- ($17,365,423)
Taxes at 23% -- (3994047)
Net Income -- $13,371,376
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