Bruce Inc. has the following information about Rut, the only product is sells. The selling price...
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Bruce Inc. has the following information about Rut, the only product is sells. The selling price for each unit is $20, the variable cost per unit is $8, and the total fixed cost for the firm is $60,000. The firm's current tax rate is 25%. If Bruce wants to earn $60,000 in profits after taxes, how many units must it sell? 10,000 units 7,000 units 6,000 units 11,667 units Bruce Inc. has the following information about Rut, the only product is sells. The selling price for each unit is $20, the variable cost per unit is $8, and the total fixed cost for the firm is $60,000. The firm's current tax rate is 25%. If Bruce wants to earn $60,000 in profits after taxes, how many units must it sell? 10,000 units 7,000 units 6,000 units 11,667 units
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Related Book For
Corporate Financial Accounting
ISBN: 978-1133952411
12th edition
Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac
Posted Date:
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