A company has wants to earn an income of $60,000 after-taxes. If the tax rate is 32%,
Question:
A company has wants to earn an income of $60,000 after-taxes. If the tax rate is 32%, what must be the company’s pre-tax income in order to have $60,000 after-taxes?
A. $88,235
B. $19,200
C. $79,200
D. $143,000
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Related Book For 
Principles Of Accounting Volume 2 Managerial Accounting
ISBN: 9780357364802
1st Edition
Authors: OpenStax
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