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The Jose Motel desires to earn after-tax income of $150,000 in 2021. Its average daily rate (ADR) is $70, and its variable costs per room
The Jose Motel desires to earn after-tax income of $150,000 in 2021. Its average daily rate (ADR) is $70, and its variable costs per room sold equal $40. Its annual fixed costs total $160,000, and its average tax rate is 25%. How many rooms must be sold in order to achieve the desired profit level? O 12,000 rooms O 8,000 rooms O 9,250 rooms O 6,560 rooms
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