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What will be the percentage of net income after taxes

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Reference no: EM132620987

Problem 1: A Business has a a total sales of Php300,000 and cost of sales of Php100,000. It also incurred operating expenses of Php35,000 and tax worth 30%. If you will make a common size analysis, what will be the percentage of net income after taxes?

Select one:

Option a. 11.66%

Option b. 66.66%

Option c. 38.50%

Option d. 55%

Reference no: EM132620987

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