Question
Shamrock Company, which is subject to a 40% income tax rate, projected its income before taxes for next year as shown here: Sales (112,000 units)
Shamrock Company, which is subject to a 40% income tax rate, projected its income before taxes for next year as shown here:
Sales (112,000 units) | $5,600,000 | ||
Cost of sales | |||
Variable costs | 1,400,000 | ||
Fixed costs | 2,100,000 | ||
Pretax earning | $2,100,000
|
What is Shamrocks breakeven point in units sold for the next year?
Breakeven point | units |
If Shamrock wants $3,150,000 in pretax earning, what is the required level of sales, in dollars?
Total Revenue | $ |
If Shamrocks net assets are $25,200,000, what amount of revenue must be achieved for Shamrock to earn a 10% after-tax return on assets?
Total Revenue | $ |
If Shamrock wants after-tax earnings of 30% of sales, what is the required level of sales in dollars and in units?
Revenue: | $ | or | units |
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