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question 24 Neptune Corporation's sales for 2020 totaled $10,990,112 million and variable costs were 32% of sales. The firm had a net income of $2,389,242
question 24
Neptune Corporation's sales for 2020 totaled $10,990,112 million and variable costs were 32% of sales. The firm had a net income of $2,389,242 million and no interest expense. What is the firms fixed costs for 2020? Assume a tax rate of 21%. SET YOUR CALCULATOR TO 4 DECIMAL PLACES AND ROUND OFF THE FINAL ANSWER TO THE NEAREST WHOLE NUMBER. FOR EXAMPLE IF YOUR ANSWER IS 1,000,000.98 THEN ENTER YOUR ANSWER AS 1000001 ONLY. DO NOT ENTER ANY SYMBOLS Step by Step Solution
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