The Role of Income Taxes For the most recent year, Triad Company had fixed costs of $240,000 and variable costs of 75% of total sales revenue, earned $70,000 of net income after taxes, and an income...


The Role of Income Taxes For the most recent year, Triad Company had fixed costs of $240,000 and variable costs of 75% of total sales revenue, earned $70,000 of net income after taxes, and an income tax rate of 35%. Required Determine: 1. Before-tax income. 2. Total contribution margin. 3. Total sales. 4. Breakeven point in dollar sales.



Nov 28, 2021
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