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Using this information below, answer the following question: 1. What is the Pre-tax Income? Total sales amount to $2,000,000 Food generates 75% of total
Using this information below, answer the following question: 1. What is the Pre-tax Income? Total sales amount to $2,000,000 Food generates 75% of total sales . Food cost is $500,000 Beverages generated sales of $300,000 with a CMR of 0.85 The gift store generated the remaining sales at a cost of 30% Tax rate is 27% Annual fixed costs total $1,500,000 O $1,589,150.01 O $2,479,264.50
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