A company manufactures a single product with a selling price of ₱120. Fixed expenses total ₱450,000 and the company must sell 10,000 units to breakeven. Tax rate is 25%. If the target profit after tax is ₱210,000, how many units must be sold?

A company manufactures a single product with a selling price of ₱120. Fixed expenses total ₱450,000 and the company must sell 10,000 units to breakeven. Tax rate is 25%. If the target profit after tax is ₱210,000, how many units must be sold?

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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