Problem
In 2012, Y Company's revenue was $205,200, its total variable costs were $76,950, and its fixed costs were $89,400. Assume that these revenue and cost relationships continue in 2013, but fixed costs increase by 24%. If the tax rate is 40%, what must revenue be in 2013 in order for Y Company to earn $47,100 after taxes?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.