What will revenue have to be in order for X Company

Assignment Help Accounting Basics
Reference no: EM132241076

Question - In 2018, X Company's revenue was $193,500, its total variable costs were $125,775, and its fixed costs were $85,800. In 2019, the relationship between revenue and variable costs will not change, but fixed costs will decrease by $16,302. Assuming a tax rate of 40%, what will revenue have to be in order for X Company to earn $37,000 after taxes in 2019?

Reference no: EM132241076

Questions Cloud

What are risk and benefits of preforming penetration testing : What are the pros and cons of using in-house resources or outsourcing penetration testers?
What are some other virtualization options : What are some other virtualization options and what are the pros and cons of each as compared to Vmware?
Research and report on two firewalls : Discuss the type of firewall (hardware/appliance or software), their features, capabilities, pricing, and system requirements.
Research at least two articles on the topic of big data : Research at least two articles on the topic of big data and its business impacts. Write a brief synthesis and summary of the two articles.
What will revenue have to be in order for X Company : Assuming a tax rate of 40%, what will revenue have to be in order for X Company to earn $37,000 after taxes in 2019
Create a high level training program for the end users : Suppose you are working on a project and you are required to create a high level training program for the end users on how to use your final project.
How many units must X Company sell : In 2018, X Company's unit-based profit function was $54.10X - $704,000, How many units must X Company sell in 2019
Assess the role of technology in project management : Describe five (5) ethical situations or dilemmas that project managers might face in their role within an organization.
Calculate the purchase price of capital asset : Assume that your company is considering the replacement of an automated milling machine with one of the new machines offered by three different manufacturers.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd