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Title: ABC Corp. has estimated the following income statement for its next fiscal year. Post by: samualson on Jul 6, 2018 ABC Corp. has estimated the following income statement for its next fiscal year.
Sales$20,000,000 Variable costs6,000,000 Revenue before fixed costs14,000,000 Fixed costs9,000,000 EBIT5,000,000 Interest expense900,000 Earnings before taxes4,100,000 Taxes (35%)1,435,000 Net income$2,665,000 a.What is the break-even point in sales dollars for the firm? b.If the average unit cost is $20, what is the break-even point in units? Title: ABC Corp. has estimated the following income statement for its next fiscal year. Post by: DeanaRay on Jul 6, 2018 Content hidden
Title: ABC Corp. has estimated the following income statement for its next fiscal year. Post by: samualson on Jul 6, 2018 :heavy_check_mark:
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