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A hospitality operation has sales revenue of $575,000 with variable costs averaging 35%. Fixed costs...

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Accounting

A hospitality operation has sales revenue of $575,000 with variable costs averaging 35%. Fixed costs are $288,000. The owner wants a net income after tax of $75,000. Calculate the total additional sales revenue needed to support the desired net income after tax. Assume a tax rate of 30%

Select one:

a. $607,910

b. $58,100

c. $16,538

d. $32,910

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