Question

Tata Ltd. plans to earn a net income of Rs. 30,000 after Income Tax in 2004. The tax rate
is to be assumed 50% of net income before taxes. The fixed costs for the year are estimated
at Rs. 6,00,000. The contribution is estimated at 20% of sales revenue.
You are requested to compute the sales revenue required to earn a profit of Rs. 30,000 after
income-tax. If the contribution can be increased to 25%, how much sales revenue will be
required to earn a net profit after income-tax of Rs. 30,000.​

Answer 1

Answer:

30,000 answer your questions