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Central Company manufactures a sensor used in various electronic devices. The products price and cost characteristics are: Selling price per unit $ 135 Variable cost
Central Company manufactures a sensor used in various electronic devices. The products price and cost characteristics are:
Selling price per unit | $ | 135 | |
Variable cost per unit | 74 | ||
Fixed cost per year | 253,000 | ||
Required:
The company must sell 10,500 units annually in order to earn $255,750 in profits after taxes. What is Central Companys tax rate?
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