Consider the following income statement and answer the questions that follow: Sales (100 units) $200 Variable costs ($.80 ea) 80 Fixed Costs 20 EBIT 100 Interest Expense 30 EBT 70 Income tax 24 Net Income 46 a. What is the firm’s Breakeven Point in units?

Question

Consider the following income statement and answer the questions that follow:                      Sales (100 units)         $200                    Variable costs ($.80 ea)  80                    Fixed Costs                    20                    EBIT                            100                    Interest Expense            30                    EBT                                70                    Income tax                     24                    Net Income                    46  	a.  What is the firm’s Breakeven Point in units?

callisto · Answer

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