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In 2020, X Company's revenue was $180,000, its total variable costs were $109,800, and its fixed costs were $92,300. For 2021, the company assumes that
In 2020, X Company's revenue was $180,000, its total variable costs were $109,800, and its fixed costs were $92,300. For 2021, the company assumes that the relationship between revenue and variable costs will not change but that fixed costs will decrease by 19%. With a 30% tax rate, what will revenue have to be in 2021 in order for X Company to earn $34,400 after taxes? 407640.66 Submit Answer Incorrect. Tries 1/3 Previous Tries
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