How Many Sales Are Required to Earn a Target After-Tax

question 69

Multiple Choice

How many sales are required to earn a target after-tax net income of $80,000 if total fixed costs are $100,000, the contribution margin ratio is 40%, and the tax rate is 25%?

• A)$6,000,000
• B)$250,000
• C)$516,667
• D)$1,050,000

Understand the principle and application of indirect pay.

Analyze the effectiveness of various pay systems in the context of organizational strategies.

Understand how to align objects in Excel and manipulate form control properties.

Comprehend the fundamentals of inserting and renaming form controls in a spreadsheet.

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Definitions:

Chronemics

The study of how time is perceived, structured, and used in various cultures, and its effect on communication and behavior.

Interpersonal Communication

The process of exchange of information, feelings, and meaning between two or more people through verbal and/or non-verbal methods.

Self-Correcting Mechanism

A process through which a system naturally adjusts and corrects its course without external intervention, aiming to maintain equilibrium or improve function.

Probability

The measure of the likelihood that an event will occur, quantified as a number between 0 and 1.