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16 July, 11:48

A restaurant has a sales rev of 500000, vc of 200000, and fixed costs of 200000. the owner wants net income after tax of $40,000. tax rate is 30%. what is the operating income

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  1. 16 July, 12:51
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    OI = net income after tax/1-tax rate

    OI=$40000/1-30%

    $40000/70%=$57,142.86
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