Company desires an after-tax operating profit


The break-even point in sales for Rice Company is $360,000, and the company's contribution margin ratio is 20%. Its income tax rate is 40%.

If Rice Company desires an after-tax operating profit of $84,000, what would total sales have to be?

A) $1,050,360.

B) $1,060,000.

C) $780,000.

D) Cannot be determined without additional information.

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Accounting Basics: Company desires an after-tax operating profit
Reference No:- TGS056111

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