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The collection cost on these accounts is 4 of new sales the

Price Corp. is considering selling to a group of new customers and creating new annual sales of $320,000. 3% will be uncollectible. The collection cost on these accounts is 4% of new sales, the cost of producing and selling is 79% of sales and the firm is in the 26% tax bracket. What is the profit on new sales?

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Finance Basics: The collection cost on these accounts is 4 of new sales the

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Finance Basics: The collection cost on these accounts is 4 of new sales the

Reference No:- TGS0603892

Have a Question? (oR Write a Review)

Recent Questions Asked Finance Basics

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Request for Solution File

Ask an Expert for Answer!!

Finance Basics: The collection cost on these accounts is 4 of new sales the

Reference No:- TGS0603892

Recent Questions Asked Finance Basics

Q : By how much will their earnings after tax change if they

Q : Calculate the energy of a mole of photon with wavelength of

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