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The Bubba Corp. had earnings before taxes of $208,000 and sales of $2,080,000. If it is in the 53% tax bracket its after-tax profit margin

The Bubba Corp. had earnings before taxes of $208,000 and sales of $2,080,000. If it is in the 53% tax bracket its after-tax profit margin is :

6.70%

4.70%

7.20%

7.70%

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