O A ezto.mheducation.com C 5 - Week 5 Practice Problems -... Problems 1 - Week 5 Assessment Proble... Logins | Alvernia University 6 - Week 5 Exercises - Connect Messages ... Week 5 Exercises i Saved 1 new notification Check my work 6 Exercise 7-33 Consulting Firm; CVP Analysis with Income Taxes (Appendix) (LO 7-1, 7-4, 7-11) 8.34 Hydro Systems Engineering Associates, Inc., provides consulting services to city water authorities. The consulting firm's contribution- points margin ratio is 25 percent, and its annual fixed expenses are $295,000. The firm's income-tax rate is 40 percent. Skipped Required: 1. Calculate the firm's break-even volume of service revenue. 2. How much before-tax income must the firm earn to make an after-tax net income of $158,000? 3. What level of revenue for consulting services must the firm generate to earn an after-tax net income of $158,000? 4. Suppose the firm's income-tax rate changes to 30 percent. What will happen to the break-even level of consulting service revenue? eBook Complete this question by entering your answers in the tabs below. Print n Req 1 to 3 Req 4 References Calculate the firm's break-even volume of service revenue. How much before-tax income must the firm earn to make an after- tax net income of $158,000? What level of revenue for consulting services must the firm generate to earn an after-tax net income of $158,000? (Do not round intermediate calculations. Round your final answers to the nearest dollar amount.) Break-even volume Before tax income Service revenue Mc Graw Hill O A ezto.mheducation.com C 5 - Week 5 Practice Problems -... Problems 1 - Week 5 Assessment Proble... Logins | Alvernia University 6 - Week 5 Exercises - Connect Course Hero Homework Help - Q&A from On... Week 5 Exercises i Saved Help Save & Exit Submit Check my work 6 Exercise 7-33 Consulting Firm; CVP Analysis with Income Taxes (Appendix) (LO 7-1, 7-4, 7-11) 8.34 Hydro Systems Engineering Associates, Inc., provides consulting services to city water authorities. The consulting firm's contribution- points margin ratio is 25 percent, and its annual fixed expenses are $295,000. The firm's income-tax rate is 40 percent. Skipped Required: 1. Calculate the firm's break-even volume of service revenue. 2. How much before-tax income must the firm earn to make an after-tax net income of $158,000? 3. What level of revenue for consulting services must the firm generate to earn an after-tax net income of $158,000? 4. Suppose the firm's income-tax rate changes to 30 percent. What will happen to the break-even level of consulting service revenue? eBook Complete this question by entering your answers in the tabs below. Print n Req 1 to 3 Req 4 References Suppose the firm's income-tax rate changes to 30 percent. What will happen to the break-even level of consulting service revenue? The break-even level of consulting service revenue will not change. The break-even level of consulting service revenue will increase. OThe break-even level of consulting service revenue will decrease Mc Graw Hill