Wednesday
November 26, 2014

Homework Help: finance after tax profit margin

Posted by Jason on Friday, July 25, 2008 at 12:51pm.

The ABC Corp. had net income before taxes of $400,000 and sales of $2,000,000. If it is in the 50% tax bracket its after-tax profit margin is:

A. 5%
B. 10%
C. 20%
D. 25%

400,000 take away 50% for taxes leaves 200,000.

200,000 after-taxes divided 2,000,000 total sales = 10%

B 10% FINAL ANSWER

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

finance (after-tax profit margin) - The ABC Corp. had net income before taxes of...
finance - the bubba corp. had net income before taxes of $200.000 and sales of $...
financial planning - corp had earnings before taxes of $400,000 and sales of $2,...
Finance - NET INCOME BEFORE TAXES OF $200,000 AND SALES OF $2,000,000. IF IT IS ...
Finance 200 - The Bubba Corp. had earnings before taxes of $200,000. and sales ...
Finance (after-tax cost) - Assuming a tax rate of 50%, the after-tax cost of a $...
finance part 2 - 11. Whit a Subchapter S corporation A. corporate income is ...
accounting-income tax - During the current year, Deborah Baronne, a single ...
Finance - Trying to figure out how to do problems like these. So confused! 1. ...
Accounting - Absorption Income versus Contribution Margin Income Absorption ...

Search
Members