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Obuya, Inc. plans to pay its managers a bonus to encourage performance. The bonus rate is 10% and the bonus base is net income AFTER
Obuya, Inc. plans to pay its managers a bonus to encourage performance. The bonus rate is 10% and the bonus base is net income AFTER bonus and AFTER taxes (net income). Obuya's expected income before bonus or taxes is $200,000. Its tax rate is 30%. Determine the amount of the expected bonus. $12,727.27 $14.980.00 $12,000.00 $13,084.11 Question 14 1 pts Arima Company estimates its cost per unit at $500. Its markup is 80%. What is the selling margin? O $860 $900 $400 $540 Question 15 1 pts Hanson Enterprises has set its selling price at $400. At this price, its selling margin is $300. What is Hanson's selling margin? 42.86% O 57.14% O 75% 25%
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