3.2 A company has wants to earn an income of $60,000 after-taxes. If the tax rate is...

Question:

3.2 A company has wants to earn an income of $60,000 after-taxes. If the tax rate is 32%, what must be the company’s pre-tax income in order to have $60,000 after-taxes?

A. $88,235 B. $19,200 C. $79,200 D. $143,000

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Principles Of Accounting Managerial Accounting Volume 2

ISBN: 9781947172609

1st Edition

Authors: Patty Graybeal, Mitchell Franklin, Dixon Cooper

Question Posted: