Question
The Cannes Company has the following information available: Total fixed costs $400,000 Expected sales (units) 100,000 Contribution margin per unit $7.50 Tax Rate 30% What
The Cannes Company has the following information available:
Total fixed costs $400,000
Expected sales (units) 100,000
Contribution margin per unit $7.50
Tax Rate 30%
What is the after- tax net income?
A.) 245,000 B.) 280,000 C.) 350,000 D.) 400,000
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Company Accounting
Authors: Ken Leo, Jeffrey Knapp, Susan Mcgowan, John Sweeting, Leah Meng
12th Edition
0730382672, 9780730382676
