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  1. 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?

    2. A.

     21 %
    B.

     20 %
    C.

     19 %
    D.

     18 %

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    Workspace

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    Answer : Option A

    Explanation :

    Explanation Not Provided

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