Mathematics, 25.10.2021 20:00 katherineweightman

Your corporation assets have a book value of 500,000,000VNĐ and the owners believe the assets should generate a 40% return after tax. Assume tax is charged at the rate of 30%. The corporation has several fixed costs which include 8% interest charged on a 200,000,000VNĐ bank loan, 200,000,000VNĐ of equipment depreciation and other fixed costs of 60,000,000VNĐ per year. You estimate that general expenses will be 185,000,000VNĐ. Calculate your corporation’ s sales?

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Your corporation assets have a book value of 500,000,000VNĐ and the owners believe the assets should...