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q17 Assume that you are given the following information for your company, where sales are equal to 2,000,000 units. Income Statement Sales $4.900,000.00 Variable Costs
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Assume that you are given the following information for your company, where sales are equal to 2,000,000 units. Income Statement Sales $4.900,000.00 Variable Costs -$3,600,000.00 Fixed Costs -$400,000.00 EBIT $900,000.00 Interest -$225,000.00 EBT $675,000.00 Taxes OA $270.000,00 EBIT $900,000.00 Interest -$225,000.00 EBT $675,000.00 Taxes (40%) - $270,000.00 Net income $405,000.00 Given this information, determine by how much the quantity to be sold for a net income breakeven will exceed the quantity to be sold for an EBIT breakeven during Year 1. 0337,702 units 0 346,154 units Given this information, determine by how much the quantity to be sold for a net breakeven will exceed the quantity to be sold for an EBIT breakeven during Year 1. 0 337,702 units 0346,154 units 0 329,565 units 0 313,291 units 0 321,428 unitsStep by Step Solution
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