Business, 18.02.2021 21:10 StrawberryCake24
In 2020, X Company's revenue was $198,000, its total variable costs were $126,720, and its fixed costs were $91,800. For 2021, the company assumes that the relationship between revenue and variable costs will not change but that fixed costs will decrease by 23%. With a 35% tax rate, what will revenue have to be in 2021 in order for X Company to earn $34,200 after taxes?
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In 2020, X Company's revenue was $198,000, its total variable costs were $126,720, and its fixed cos...
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