Mistys effective tax rate is 40 and there were 1000 shares
Question - Misty Company reported the following before-tax items during the current year: Misty's effective tax rate is 40% and there were 1,000 shares of common stock outstanding. What would be Misty's income before extraordinary item(s)?
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1 you have been ordering in lots of 250 units the annual holding cost is 500 and the annual set up cost is 400 is 250
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