Estimed rimier net profits before taxes

Reference no: EM132072215

Question: Remier Corp forecasts sales of 650,000 for 2016. Assume that the firm has fixed cost of 250,000 and variable cost amounting to 35% of sales. Operating expenses are estimated to include fixed cost of 28,000 and a variable portion equal to 7.5% of sales. Interest expenses for the coming year are estimed to be 20,000. Estimed Rimier's net profits before taxes for 2016.

Reference no: EM132072215

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