Price Corp. is considering selling to a group of new customers and creating new annual sales of $120,000. 4% will be unc
Posted: Wed Mar 09, 2022 8:49 am
Price Corp. is considering selling to a group of new customers
and creating new annual sales of $120,000. 4% will be
uncollectible. The collection cost on all accounts is 4% of new
sales, the cost of producing and selling is 83% of sales, and the
firm is in the 20% tax bracket. What is the profit on new
sales?
$9,768
$8,640
$9,927
$10,818
and creating new annual sales of $120,000. 4% will be
uncollectible. The collection cost on all accounts is 4% of new
sales, the cost of producing and selling is 83% of sales, and the
firm is in the 20% tax bracket. What is the profit on new
sales?
$9,768
$8,640
$9,927
$10,818