Managerial Accounting: After-Tax Profit
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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?
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Solution Summary
This solution provides steps to determine the after-tax profit from the special project.
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