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Chelsea Co

Question 24

Multiple Choice

Chelsea Co. projects the following cost information for the upcoming year:
Chelsea Co. projects the following cost information for the upcoming year:   Chelsea Co.'s tax rate is 35%. If Chelsea Co. wants to earn $260,000 in after-tax profits and each product unit sells for $75, how many units of product must be sold? A)  22.620 B)  25,000 C)  27.000 D)  28,410 E)  36,202
Chelsea Co.'s tax rate is 35%. If Chelsea Co. wants to earn $260,000 in after-tax profits and each product unit sells for $75, how many units of product must be sold?


A) 22.620
B) 25,000
C) 27.000
D) 28,410
E) 36,202

Correct Answer:

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