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In 2019, X Company's profit function was 0.35R - $87,100, where R is revenue. In 2020, the relationship between revenue and variable costs will not
In 2019, X Company's profit function was 0.35R - $87,100, where R is revenue. In 2020, the relationship between revenue and variable costs will not change, but fixed costs will decrease by $19,162. Assuming a tax rate of 40%, what will revenue have to be in order for X Company to earn $31,000 after taxes in 2020? Submit Answer Tries 0/3
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