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The selling price of a given item is $20 and the variable cost percent is 70% The total fixed cost is $416,928, the tax
The selling price of a given item is $20 and the variable cost percent is 70% The total fixed cost is $416,928, the tax rate is 40% and the desired after-tax rate is $122,760. Question What is the desired before-tax profit given the above information? Question What is the sales dollars number to achieve the desired after-tax profit?
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To find the desired beforetax profit we first need to calculate the desired aftertax profit and then ...
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
10th Canadian edition
1259261018, 1259261015, 978-1259024979
