# During this accounting period,

During this accounting period, a company has variable costs of€27410, total fixed costs per period of €20820, contribution marginratio of 67 percent and an income tax rate of 27 percent.

If the desired after tax net income is €9320; then the salesrevenue (in Euros) for this period is ________.

 Working Notes: CALCULATION OF CONTRIBUTION FOR NETINCOME OF 9320 AMOUNT Net income after Tax = €                    9,320 Income tax rate = 27% Net income after Tax = 100% – 27%= 73% Net income before tax = \$ 9,320 X 100/73 €                  12,767 Add: Fixed Cost €                  20,820 Contribution €                  33,587 Solution: CALCULATION OF SALES REVENUE FORGENERATING CONTRIBUTION OF 33,587 Contribution = €                  33,587 Contribution Margin Ratio= 67% It means Contribution of 33,587 is 67%of Sales Revenue So, Sales Revenue = 33,587 X 100 / 67= €                  50,130 Answer = For Generating net incomeEuro 9,320 Sales revenue = €                  50,130

##### "Our Prices Start at \$11.99. As Our First Client, Use Coupon Code GET15 to claim 15% Discount This Month!!"

Pages (275 words)
Standard price: \$0.00
Client Reviews
4.9
Sitejabber
4.6
Trustpilot
4.8
Our Guarantees
100% Confidentiality
Information about customers is confidential and never disclosed to third parties.
Original Writing
We complete all papers from scratch. You can get a plagiarism report.
Timely Delivery
No missed deadlines – 97% of assignments are completed in time.
Money Back