Business, 30.09.2019 02:10 kaylesparks2
Great american cable company is considering selling to a group of new customers and creating new annual sales of $70,000. 5% will be uncollectible. the collection cost on these accounts is 3.5% of new sales, the cost of producing and selling is 80% of sales and the firm is in the 31% tax bracket. what is the profit on new sales?
a.
a.$6,660.00
b.
b.$5,455.50
c.
c.$5,554.50
d.
d.$7,245.00
Answers: 1
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