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The owner wanted a 10% return on her investment of 100,000. The tax rate is 20%, the fixed costs are 300,000 and the variable cost
The owner wanted a 10% return on her investment of 100,000. The tax rate is 20%, the fixed costs are 300,000 and the variable cost % is 25%. Then a) What is the after tax income b) How much tax did the business pay c) What was the contribution margin? d) What was the sales revenue required to achieve her investment
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