The Holiday Card Company,a producer of specialty cards,has asked you to complete several calculations based upon the following information:

Required:
a.What is the breakeven point in cards?
b.What sales volume is needed to earn an after-tax net income of $13,028.40?
c.How many cards must be sold to earn an after-tax net income of $18,480?

Question

The Holiday Card Company,a producer of specialty cards,has asked you to complete several calculations based upon the following information:
  
Required:
a.What is the breakeven point in cards?
b.What sales volume is needed to earn an after-tax net income of $13,028.40?
c.How many cards must be sold to earn an after-tax net income of $18,480?

Quizplus · Accepted Answer

The Answer of The Holiday Card Company,a producer of specialty cards,has asked you to complete several calculations based upon the following information:
  
Required:
a.What is the breakeven point in cards?
b.What sales volume is needed to earn an after-tax net income of $13,028.40?
c.How many cards must be sold to earn an after-tax net income of $18,480?

The Holiday Card Company,a Producer of Specialty Cards,has Asked You