In 2019, X Company's profit function was 0.40R - $89,600, where R is revenue. In 2020,...

Question

Question

In 2019, X Companys profit function was 0.40R - $89,600, where R is revenue. In 2020, the relationship between revenue and v

Answer 1

Answer #1

After Tax Profit		$ 49,600
Income Before Tax		$ 76,307.69
($49600/(1-0.35)
New Fixed cost = $89600+14336 =$103936

Let us form the equation to determine R

$76307.69 =0.40R-$103936

108243.69=0.40R

R =$450609.23


Revenue =	$450609.23

*Please round off according to the question's requirement. Please upvote.*

Answer 2

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