Solved: Breakeven number to make a zero after tax profit, Accounting Basics

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Breakeven number to make a zero after tax profit

Problem:

Firm B produce gadgets. The price of gadgets is $2 each. Firm B has total fixed costs of $300,000 and variable costs of $1.40 per gadget. The corporate tax rate is 40%.

What is the breakeven number of gadgets B must sell to make a zero after tax profit?

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Accounting Basics: Breakeven number to make a zero after tax profit

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