Assume that the revenue and variable cost relationships

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In 2014, X Company's revenue was $246,600, its total variable costs were $99,000, and its fixed costs were $87,000. Assume that the revenue and variable cost relationships continue in 2015, but fixed costs decrease by 15%. If the tax rate is 30%, what must revenue be in 2015 in order for X Company to earn $47,400 after taxes? (Round rates to two decimal places.)

Reference no: EM13790746

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