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If taxes are 20% of net income, what is the planned profit for the year?

If taxes are 20% of net income, what is the planned profit for the year?
asked 184k views
9 votes
If taxes are 20% of net income, what is the planned profit for the year?

asked
User Bigonazzi
by
8.4k points

1 Answer

10 votes

Answer:Her return on investment is 20%

2. $40,000

Step-by-step explanation:

answered
User Bas Van Dorst
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8.2k points
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