The Investment Corp. had net income before taxes of $200,000 and sales of $2,000,000. If it is

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The Investment Corp. had net income before taxes of $200,000 and sales of $2,000,000. If it is in the 50% tax bracket, what is its after-tax profit margin?

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Foundations of Finance The Logic and Practice of Financial Management

ISBN: 978-0132994873

8th edition

Authors: Arthur J. Keown, John D. Martin, J. William Petty

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