Betty, Inc. is subject to a 40% income tax rate. The following data pertain to the period just ended when the company produced and sold 45,000 units: Sales revenues $ 1050000 Variable costs $ 850000 $ 430000 How many units must Betty sell to earn an after-tax profit of $150000? Fixed costs Round your interim calculations to at least 4 decimals and final answer to 2 decimal places.

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Give typing answer with explanation and conclusion
Betty, Inc. is subject to a 40% income
tax rate. The following data pertain to
the period just ended when the
company produced and sold 45,000
units:
Sales revenues $ 1050000
Variable costs $ 850000
$ 430000
How many units must Betty sell to earn
an after-tax profit of $150000?
Fixed costs
Round your interim calculations to at
least 4 decimals and final answer to 2
decimal places.
Transcribed Image Text:Betty, Inc. is subject to a 40% income tax rate. The following data pertain to the period just ended when the company produced and sold 45,000 units: Sales revenues $ 1050000 Variable costs $ 850000 $ 430000 How many units must Betty sell to earn an after-tax profit of $150000? Fixed costs Round your interim calculations to at least 4 decimals and final answer to 2 decimal places.
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