Ask Question
25 November, 04:52

A restaurant has a sales rev of 500000, vc of 200000, and fixed costs of 200000. the owner wants net income after tax of $40,000. tax rate is 30%. what is the operating income

+3
Answers (1)
  1. 25 November, 05:11
    0
    OI = net income after tax/1-tax rate

    OI=$40000/1-30%

    $40000/70%=$57,142.86
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “A restaurant has a sales rev of 500000, vc of 200000, and fixed costs of 200000. the owner wants net income after tax of $40,000. tax rate ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers