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Henry hates taxes but knows he needs to pay them. Henry desires to have $60,000 left after taxes. His tax rate is 20%. His weighted
Henry hates taxes but knows he needs to pay them. | ||||||
Henry desires to have $60,000 left after taxes. His tax rate is 20%. | ||||||
His weighted average contribution margin ratio is .7 and his fixed costs | ||||||
are $40,000. What sales levels are needed in order to achieve his after tax | ||||||
profit level? |
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