Business, 15.11.2019 05:31, mjweed2456

Acompany has a 40% gross margin, general and administrative expenses of $50, interest expense of $20, and net income of $70 for the year just ended. if the corporate tax

rate is 30%, the level of sales revenue for the year just ended was

a. $425

b. $350

c. $170

d. $255

Answers: 2

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Acompany has a 40% gross margin, general and administrative expenses of $50, interest expense of $20...