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A company's new product launch is expected to generate additional sales revenue of $40,000 with no increase in costs. If the company's tax rate is 35%, what is the after- tax income from this increase in revenue?

A company's new product launch is expected to generate additional sales revenue of $40,000 with no increase in costs. If the company's tax rate is 35%, what is the after- tax income from this increase in revenue?

Principles of Cost Accounting
Principles of Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter10: Cost Analysis For Management Decision Making
Section: Chapter Questions
Problem 13E
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A company's new product launch is expected to generate additional sales revenue of $40,000 with no increase in costs. If the company's tax rate is 35%, what is the after- tax income from this increase in revenue?
Transcribed Image Text:A company's new product launch is expected to generate additional sales revenue of $40,000 with no increase in costs. If the company's tax rate is 35%, what is the after- tax income from this increase in revenue?
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