Question 1 the owner of a restaurant and bar operation, Ask an Expert

Finance

Question: 1. The owner of a restaurant and bar operation wants a 20% net income after-tax return on his investment of $200,000. The tax rate is 28%. What is the net income before tax and the income tax?

2. What is the equation for calculating a particular sales revenue level in dollars using CVP analysis?

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M92316220

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