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Questions and Answers
41.C. What was the margin of safety for Bill Inc at the end of 2021?
41.C. What was the margin of safety for Bill Inc at the end of 2021?
- $252,000
- $225,000
- No right answer
- $215,000 (correct)
41.D. How many surfboards would Bill Inc need to sell in order to achieve an after-tax net profit of $67,200 in 2022, while keeping the contribution margin and fixed costs unchanged?
41.D. How many surfboards would Bill Inc need to sell in order to achieve an after-tax net profit of $67,200 in 2022, while keeping the contribution margin and fixed costs unchanged?
- 5,460 Surfboards (correct)
- 5,700 Surfboards
- 5,640 Surfboards
- No right answer
41.E. What is the recommendation for Bill Inc's after-tax net profit in 2022, while keeping the contribution margin and fixed costs unchanged?
41.E. What is the recommendation for Bill Inc's after-tax net profit in 2022, while keeping the contribution margin and fixed costs unchanged?
- $64,200
- No right answer
- $67,200 (correct)
- $70,200
Which one of these is the most correct?
Which one of these is the most correct?
How many surfboards would Bill Inc need to sell in order to achieve an after-tax net profit of $67,200 in 2022, while keeping the contribution margin and fixed costs unchanged?
How many surfboards would Bill Inc need to sell in order to achieve an after-tax net profit of $67,200 in 2022, while keeping the contribution margin and fixed costs unchanged?
What was the recommendation for Bill Inc's after-tax net profit in 2022, while keeping the contribution margin and fixed costs unchanged?
What was the recommendation for Bill Inc's after-tax net profit in 2022, while keeping the contribution margin and fixed costs unchanged?
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