Assuming a tax rate of 36 what must next years revenue be


Question - X Company's profit equation next year is expected to be 0.47R-$12,900, where R is total revenue. Assuming a tax rate of 36%, what must next year's revenue be in order for X Company to earn after-tax profits of $25,000?

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Accounting Basics: Assuming a tax rate of 36 what must next years revenue be
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