Price corp is considering selling to a group of new

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Price Corp. is considering selling to a group of new customers and creating new annual sales of $320,000. 3% will be uncollectible. The collection cost on these accounts is 3% of new sales, the cost of producing and selling is 75% of sales and the firm is in the 27% tax bracket. What is the profit on new sales?

Reference no: EM13623106

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