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The Bubba Corp. had earnings before taxes of $190,000 and sales of $1,900,000. If it is in the 52% tax bracket, its after-tax profit margin
The Bubba Corp. had earnings before taxes of $190,000 and sales of $1,900,000. If it is in the 52% tax bracket, its after-tax profit margin is:
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4.80%
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6.80%
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7.30%
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7.80%
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