Question: Use the information for Bills Cabinets in Exercise 16 and assume a tax rate for the company of 30 percent. a. If Bills Cabinets wants
Use the information for Bill’s Cabinets in Exercise 16 and assume a tax rate for the company of 30 percent.
a. If Bill’s Cabinets wants to earn an after-tax profit of $135,800, how many units must the company sell?
b. If Bill’s Cabinets wants to earn an after-tax profit of $5.60 on each unit sold, how many units must the company sell?
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