You are the owner of a family diner in Colorado. You have made the goal...
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Accounting
You are the owner of a family diner in Colorado. You have made the goal to make $150,000 a year in profit. You have the following costs:
- Fixed costs of $2,800 a month
- 34% variable costs
The tax rate is 8%
(1) What is the net profit before tax?
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