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Pina Company manufactures a single product. Pina normally produces and sells 470 units per month at $112 each. The company's income tax rate is 29%.
Pina Company manufactures a single product. Pina normally produces and sells 470 units per month at $112 each. The company's income tax rate is 29%. Estimated monthly costs are as follows: Variable Fixed Manufacturing $9,870 10,340 Nonmanufactuing $5,170 6,110 X Your answer is incorrect. Try again. If the company desires an after-tax profit of 19% on the selling price, what is the equivalent pretax return on sales? (Round intermediate calculations to 4 decimal places, e.g. 15.1679 and final answer to o decimal places, e.g. 5,125.) Pretax return LINK TO TEXT
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