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In 2020, X Company's revenue was $180,000, its total variable costs were $113,400, and its fixed costs were $94,600. For 2021, the company assumes that
In 2020, X Company's revenue was $180,000, its total variable costs were $113,400, and its fixed costs were $94,600. For 2021, the company assumes that the relationship between revenue and variable costs will not change but that fixed costs will increase by 25%. With a 30% tax rate, what will revenue have to be in 2021 in order for X Company to earn $38,300 after taxes? OA: $286,709| OB: $323,981 C: $366,098 OD: $413,691 OE: $467,471| OF: $528,242 Submit Answer Tries 0/99
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