(Solution) - Rimier Corp forecasts sales of 650 000 for 2013 Assume the -(2025 Original AI-Free Solution)

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Rimier Corp. forecasts sales of $650,000 for 2013. Assume the firm has fixed costs of $250,000 and variable costs amounting to 35% of sales. Operating expenses are estimated to include fixed costs of $28,000 and a variable portion equal to 7.5% of sales. Interest expenses for the coming year are estimated to be $20,000. Estimate Rimier?s net profits before taxes for 2013.