First Benchmark Publishing‚Äö√Ñ√¥s gross margin is 50% of sales. The operating costs of the publishing are estimated at 15% of sales. If the company is within the 40% tax bracket, determine the percent of sales is their profit after taxes?$

First Benchmark Publishing‚Äö√Ñ√¥s gross margin is 50% of sa

1.	First Benchmark Publishing‚Äö√Ñ√¥s gross margin is 50% of sales. The operating costs of the publishing are estimated at 15% of sales. If the company is within the 40% tax bracket, determine the percent of sales is their profit after taxes?$
A.	21 %
B.	20 %
C.	19 %
D.	18 %
Answer» B. 20 %

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First Benchmark Publishing‚Äö√Ñ√¥s gross margin is 50% of sales. The operating costs of the publishing are estimated at 15% of sales. If the company is within the 40% tax bracket, determine the percent of sales is their profit after taxes?$

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