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Business, 02.07.2019 05:30 bunnybuge4

An all-equity firm reports a net profit margin of 10% on sales of $3 million. if the tax rate is 40%, what is the pretax profit a. $100,000 b. $300,000 c. $500,000 d. $800,000

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An all-equity firm reports a net profit margin of 10% on sales of $3 million. if the tax rate is 40%...
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