In March 2015, the Marketing Division of the L.P. Manning Corporation performed a national survey to test the public’s reaction to a new type of toaster. Manning had achieved success in the past and established itself as a leader in the home appliance industry. Marketing expected to sell 2,000 toasters at $80. They had to consider annual costs of $10,000 for rent, $5,000 for gas and $6,00 for electricity. In addition the material was $10.00 per unit for material and $8.00 per unit for labor, Taxes every year were 15%. Non-taxable income has been $15,000 per year and non-taxable expenses $20,000 (enter your number without commas or periods). Cash Flow + Taxable Income - Taxable Expenses = Profits before tax - Taxes . = Profits after tax + Non Taxable Earnings - Non Taxable Expenses = Cash Flow.
In March 2015, the Marketing Division of the L.P. Manning Corporation performed a national survey to test the public’s reaction to a new type of toaster. Manning had achieved success in the past and established itself as a leader in the home appliance industry. Marketing expected to sell 2,000 toasters at $80. They had to consider annual costs of $10,000 for rent, $5,000 for gas and $6,00 for electricity. In addition the material was $10.00 per unit for material and $8.00 per unit for labor, Taxes every year were 15%. Non-taxable income has been $15,000 per year and non-taxable expenses $20,000 (enter your number without commas or periods).
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