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A firm sell 500,000 widgets at $40 each, the cost of the widgets is $25 each, expected general & admin expenses are 20% of sales,
| A firm sell 500,000 widgets at $40 each, the cost of the widgets is $25 each, expected |
| general & admin expenses are 20% of sales, the firm has $2,000,000 of debt at |
| at rate of 5%, and taxes are 35%. Calculate the firm's earnings after taxes |
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Forecasting Principles And Practice
Authors: Rob J Hyndman, George Athanasopoulos
3rd Edition
0987507133, 978-0987507136
