Assuming the company has a 40

Assuming the company has a 40 - ([$60,000 net income (1 .40...

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Assuming the company has a 40% income tax rate, its break-even point in sales is $1,000,000 and  break-even point in units is 333,333. The amount of income taxes used in the calculation is $40,000 
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Unformatted text preview: ([$60,000 net income (1 .40 tax rate)] $60,000)....
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This note was uploaded on 11/16/2011 for the course ACCT 2310 taught by Professor Staff during the Spring '09 term at Texas State.

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Assuming the company has a 40 - ([$60,000 net income (1 .40...

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