Assume a firm increases its revenue by 100 while increasing


Question - Assume a firm increases its revenue by $100 while increasing its cost of goods sold by $85. How much additional tax will the firm owe if its marginal tax rate is 25%? Need explanation.

$3.75

$7.50

$13.75

$25.00

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Accounting Basics: Assume a firm increases its revenue by 100 while increasing
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