Multiple Choice
If the firm projects next year's sales to be $1,000,000, variable costs to be $250,000, fixed costs to be $250,000, depreciation to be $100,000 and income taxes to be $100,00, what is the firm's profit after taxes?
A) $300,000
B) $400,000
C) $500,000
D) $750,000
Correct Answer:
Verified
Correct Answer:
Verified
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