Business
Business, 11.10.2019 21:20, shakebays

Hyundai is considering opening a plant in two neighboring states. option 1: one state has a corporate tax rate of 10 percent. if operated in this state, the plant is expected to generate $1,000,000 pretax profit. option 2: the other state has a corporate tax rate of 2 percent. if operated in this state, the plant is expected to generate $930,000 of pretax profit. what is the after state taxes profit in the state with the 10% tax rate?

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