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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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