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In 2020, X Company's revenue was $180,000, its total variable costs were $117,000, and its fixed costs were $93,400. For 2021, the company assumes that
In 2020, X Company's revenue was $180,000, its total variable costs were $117,000, and its fixed costs were $93,400. For 2021, the company assumes that the relationship between revenue and variable costs will not change but that fixed costs will increase by 16%. With a 40% tax rate, what will revenue have to be in 2021 in order for X Company to earn $41,900 after taxes? OA: $509,078 OB: $595,621 OC: $696,877 OD: $815,346 OE: $953,955 OF: $1,116,127 Submit Answer Tries 0/99
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