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Civil Engineering · Q172

Engineering Economics

Engineering and GATE · Civil Engineering · question 172

Q172

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 %
Answer
B.
20 %
C.
19 %
D.
18 %

Answer: Option A

Solution

Answer: Option A
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