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If a company facing a 35% tax rate has income before taxes of $100000 - sales returns and allowances of $30000 - and sales of $160000 - what is its net profit on sales?

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If a company facing a 35% tax rate has income before taxes of $100000 - sales returns and allowances of $30000 - and sales of $160000 - what is its net profit on sales?






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