First Benchmark Publishing’s gross margin is 50% of sales. The operating costs of the publishing are estimated at 15% of sales. If the company is within the 40% tax bracket, determine the percent of sales is their profit after taxes ?
(A) 21 %
(B) 20 %
(C) 19 %
(D) 18 %
Share this... |
Facebook
|
Twitter
|
Linkedin
|
Whatsapp
|
Your email address will not be published. Required fields are marked *