mimitb
Apr 8, 2013, 06:34 AM
A manager is considering a special project that will increase cash sales by $80,000 and increase costs by $30,000. All cash receipts are taxable and all costs are tax deductible. If the tax rate is 30%, what will be the after-tax profit from the special project?
ANS:
Carolina Products has the following product information:
Sales price $25.00 per unit
Variable costs $15.00 per unit
Fixed costs (total) $50,000
ANS:
Carolina Products has the following product information:
Sales price $25.00 per unit
Variable costs $15.00 per unit
Fixed costs (total) $50,000