Bluejeans Company has an after-tax profit of P140,000. Bluejeans hás a return on sa 20% and the tax rate is 30%. The total fixed costs of Bluejeans amounts to P100,0 the contribution margin ratio if the sales volume increases to 150%? (use two decimal places, e.g. 82.20%, 55.31% or 0.82, 0.55, these will be counted as cor
Bluejeans Company has an after-tax profit of P140,000. Bluejeans hás a return on sa 20% and the tax rate is 30%. The total fixed costs of Bluejeans amounts to P100,0 the contribution margin ratio if the sales volume increases to 150%? (use two decimal places, e.g. 82.20%, 55.31% or 0.82, 0.55, these will be counted as cor
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![Bluejeans Company has an after-tax profit of P140,000. Bluejeans hás a return on sales of
20% and the tax rate is 30%. The total fixed costs of Bluejeans amounts to P100,000, what is
the contribution margin ratio if the sales volume increases to 150%?
(use two decimal places, e.g. 82.20%, 55.31% or 0.82, 0.55, these will be counted as correct
answers)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ff7bc7be2-2008-4b50-8b63-427ec2c17350%2F7ed6fb0c-5324-46f1-a917-1f74c6dae8f0%2Fz897g6l_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Bluejeans Company has an after-tax profit of P140,000. Bluejeans hás a return on sales of
20% and the tax rate is 30%. The total fixed costs of Bluejeans amounts to P100,000, what is
the contribution margin ratio if the sales volume increases to 150%?
(use two decimal places, e.g. 82.20%, 55.31% or 0.82, 0.55, these will be counted as correct
answers)
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