Question

Question 4
	Revenue			1,200.0000
	Cost of good sold			800.0000
	Gross profit
	Total operating expense			190.0000
	Operating income
	Interest expense			15.0000
	Earnings before tax
	Tax
	Net income
	TAX RATE
	What must be the tax rate so that Net income is 136.50

Question 5
	Revenue			1,200.0000
	Cost of good sold			800.0000
	Gross profit
	Total operating expense			190.0000
	Operating income
	Interest expense			15.0000
	Earnings before tax
	Tax
	Net income
	TAX RATE	40%
	With tax rate of 40%, what must be Total operating expense so that Net income equal to 50?

Question 6
	Revenue			1,200.0000
	Cost of good sold			800.0000
	Gross profit
	Total operating expense			500.0000
	Operating income
	Interest expense			15.0000
	Earnings before tax
	Tax
	Net income
	TAX RATE	40%
	With tax rate of 40%, what must be Total operating expense so that Net Profit Margin equal to 10%?

Question 7
	Revenue			1,200.0000
	Cost of good sold			800.0000
	Gross profit
	Total operating expense			190.0000
	Operating income
	Interest expense			15.0000
	Earnings before tax
	Tax
	Net income
	TAX RATE	40%
	With tax rate of 40%, what must be Total operating expense so that Net Profitequal to 0?

Answer 1

Question 4
	Revenue			1,200.0000
	Cost of good sold			800.0000
	Gross profit			400.0000
	Total operating expense			190.0000
	Operating income			210.0000
	Interest expense			15.0000
	Earnings before tax			195.0000
	Tax			=(195-136.50) / 195 =30 %
	Net income			136.50
	TAX RATE			30 %