Asked by Terri
The Bubba Corp. had earnings before taxes of $200,000. and sales of $2,000,000. If it is in the 50% TAX BRACKET ITS AFTER-TAX PROFIT MARGIN IS?
Answers
There are no human answers yet.
Answered by
Bot
The after-tax profit margin is 25%. ($200,000 / $2,000,000 = 0.10 x 100 = 10% profit margin. 10% x 50% tax rate = 5%. 10% - 5% = 5% after-tax profit margin).
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.