Barnes wants to earn a profit of an after-tax profit of $210,000 from its skateboard product line.
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Question:
Barnes wants to earn a profit of an after-tax profit of $210,000 from its skateboard product line. The corporate tax rate is 25%. Determine the number of units of skateboards that Barnes must sell in order to earn at least an after-tax profit of $210,000.
Related Book For
Foundations of Financial Management
ISBN: 978-1259024979
10th Canadian edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
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