Calculate the amount of sales revenue in order to achieve the after-tax profit of $150,000.

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Chapter 10, Problem 13E

1.

To determine

Calculate the amount of sales revenue in order to achieve the after-tax profit of $150,000.

2.

To determine

Calculate the amount of sales revenue in order to achieve the $150,000 of profit, if there had been no income tax.

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Anti-Pandemic Pharma Co. Ltd. reports the following information in its income statement: Sales = $5,250,000; Costs = $2,173,000; Other expenses = $187,400; Depreciation expense = $79,000; Interest expense= $53,555; Taxes = $76,000; Dividends = $69,000. $136,700 worth of new shares were also issued during the year and long-term debt worth $65,300 was redeemed. a) Compute the cash flow from assets b) Compute the net change in working capital

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Answer 2

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Chapter 10, Problem 13E

1.

To determine

Calculate the amount of sales revenue in order to achieve the after-tax profit of $150,000.

2.

To determine

Calculate the amount of sales revenue in order to achieve the $150,000 of profit, if there had been no income tax.

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Check out a sample textbook solution

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Answer 3

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100%

Chapter 10, Problem 13E

1.

To determine

Calculate the amount of sales revenue in order to achieve the after-tax profit of $150,000.

2.

To determine

Calculate the amount of sales revenue in order to achieve the $150,000 of profit, if there had been no income tax.

Expert Solution & Answer

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Check out a sample textbook solution

See solution

Answer 4

Question

100%

Chapter 10, Problem 13E

1.

To determine

Calculate the amount of sales revenue in order to achieve the after-tax profit of $150,000.

2.

To determine

Calculate the amount of sales revenue in order to achieve the $150,000 of profit, if there had been no income tax.

Expert Solution & Answer

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Check out a sample textbook solution

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Answer 5

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Answer 6

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Answer 7

Chapter 10, Problem 13E

1.

To determine

Calculate the amount of sales revenue in order to achieve the after-tax profit of $150,000.

2.

To determine

Calculate the amount of sales revenue in order to achieve the $150,000 of profit, if there had been no income tax.

Answer 8

Chapter 10, Problem 13E

1.

To determine

Calculate the amount of sales revenue in order to achieve the after-tax profit of $150,000.

Answer 9

Chapter 10, Problem 13E

1.

To determine

Calculate the amount of sales revenue in order to achieve the after-tax profit of $150,000.

Answer 10

2.

To determine

Calculate the amount of sales revenue in order to achieve the $150,000 of profit, if there had been no income tax.

Answer 11

2.

To determine

Calculate the amount of sales revenue in order to achieve the $150,000 of profit, if there had been no income tax.

Answer 12

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Answer 15

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Calculate the amount of sales revenue in order to achieve the after-tax profit of $150,000.

Solution Summary: The author explains how to calculate the amount of sales revenue in order to achieve the after-tax profit of 150,000.

Calculate the amount of sales revenue in order to achieve the after-tax profit of $150,000.

Calculate the amount of sales revenue in order to achieve the $150,000 of profit, if there had been no income tax.

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Chapter 10 Solutions