menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Principles of Cost Accounting
  4. Exam
    Exam 10: Cost Analysis for Management Decision Making
  5. Question
    If a Company Has an Income Tax Rate of 40
Solved

If a Company Has an Income Tax Rate of 40

Question 47

Question 47

Multiple Choice

If a company has an income tax rate of 40% and fixed costs of $105,000,and wishes to earn an after-tax profit of $150,000,what must its pre-tax income be?


A) $375,000
B) $425,000
C) $250,000
D) $175,000

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q42: Kehler Corporation wished to market a new

Q43: The difference in cost between two alternatives,such

Q44: Queen,Ltd.has one product.Its sales price and variable

Q45: The Gaylord Company has sales of $800,000,variable

Q46: A study that highlights the significant cost

Q48: Sherpa Manufacturing has the following income statement

Q49: Consider the following information for the Dehning

Q50: Busby Company needs 10,000 units of a

Q51: The use of either absorption or variable

Q52: Tennenholtz Company's break-even graph is depicted below.The

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines