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Home Q & A Board Other Fields Homework Help Business Accounting
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meghan.binge meghan.binge
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2 months ago
Assume Buddy's Farm Supply wants to make $45,000 in net income. If the tax rate is 25%, how much operating income must Buddy have?

▸ $360,000

▸ $60,000

▸ $180,000

▸ $56,250
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Managerial Accounting

Managerial Accounting


Edition: 4th
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CrazyW27CrazyW27
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2 months ago
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$60,000

$45,000 ÷ (1 - 0.25) = $60,000
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