Question
Given a sales revenue of $57,807, a variable cost of $29,992 for all goods sold, a fixed cost of $10,158 and a tax rate
Given a sales revenue of $57,807, a variable cost of $29,992 for all goods sold, a fixed cost of $10,158 and a tax rate of 12%, what is the change in net profit after tax in percent if sales would be increased by 50%? Give your answer using one decimal. Remember that an increase in sales increases both the sales revenue and the variable costs. Your Answer:
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Financial Markets and Institutions
Authors: Anthony Saunders, Marcia Cornett
6th edition
9780077641849, 77861663, 77641841, 978-0077861667
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