ALTHEXA company This problem contains 4 questions. ALTHEXA company has the following costs and revenue data for the current year: Selling price per unit P 10.50 Variable costs per unit 5.04 Total fixed costs P513,240 Operating income/(loss)before tax (10,920) Income tax rate 40% Net income or loss after tax if company has P1,155,000 in sales revenue.
ALTHEXA company This problem contains 4 questions. ALTHEXA company has the following costs and revenue data for the current year: Selling price per unit P 10.50 Variable costs per unit 5.04 Total fixed costs P513,240 Operating income/(loss)before tax (10,920) Income tax rate 40% Net income or loss after tax if company has P1,155,000 in sales revenue.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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ALTHEXA company
This problem contains 4 questions.
ALTHEXA company has the following costs and revenue data for the current year:
| Selling price per unit |
P 10.50
|
| Variable costs per unit |
5.04
|
| Total fixed costs |
P513,240
|
| Operating income/(loss)before tax |
(10,920)
|
| Income tax rate |
40%
|
Net income or loss after tax if company has P1,155,000 in sales revenue.
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