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Your firm plans to earn $2,600,000 after taxes next year
Your firm plans to earn $2,600,000 after taxes next year. Sales will be $14,000,000. Your firm manufactures truck components which sell for $1,200 each. Your firm has a 60% contribution margin, a 35% tax rate, and no outstanding debt. What are next year's expected fixed costs? $7,400,000 $1,600,000 $4.400,000 ? ? ? ? $8,400,000 $1,800,000
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