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What is the profit on new sales

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Question - Price Corp. is considering selling to a group of new customers and creating new annual sales of $190,000. 3% will be uncollectible. The collection cost on all accounts is 4% of new sales, the cost of producing and selling is 83% of sales, and the firm is in the 18% tax bracket. What is the profit on new sales?

Reference no: EM132980845

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