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Larkspur Company, which is subject to a 40% income tax rate, projected its income before taxes for next year as shown here: Sales (248,000 units)
Larkspur Company, which is subject to a 40% income tax rate, projected its income before taxes for next year as shown here: Sales (248,000 units) $12,400,000 Cost of sales Variable costs 3,100,000 Fixed costs 4,650,000 Pretax earning $4,650,000 What is Larkspur's breakeven point in units sold for the next year? Breakeven point units e Textbook and Media If Larkspur wants $6,975,000 in pretax earning, what is the required level of sales, in dollars? Total Revenue $ If Larkspur's net assets are $55,800,000, what amount of revenue must be achieved for Larkspur to earn a 10% after-tax return on assets? Total Revenue $ e Textbook and Media If Larkspur wants after-tax earnings of 30% of sales, what is the required level of sales in dollars and in units? Revenue: $ or units e Textbook and Media
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