11) Managers focus on the analysis of target net income instead of target operating income because it changes the breakeven point (BEP). 12) When managers at an organization have operating income at...

11) Managers focus on the analysis of target net income instead of target operating income because it changes the breakeven point (BEP).

12) When managers at an organization have operating income at the breakeven point (BEP) that equal $0, they do
not
have to pay income taxes because there is no operating income.

13) Write a short essay and discuss why the income targets for managers in their strategic plans are expressed in terms of net income.

14) Write a brief essay and define net income and explain how the net income is calculated. Discuss why it is important for managers to focus their analysis on the target income instead of the target operating income.

15) Managers can incorporate income taxes into CVP analysis. Write a brief essay and discuss how managers incorporate the income taxes into CVP analysis and discuss the impact of the breakeven point by income taxes.