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A For-Profit healthcare organization has a 22% tax rate and has an $825,000 profit. Show your...

A For-Profit healthcare organization has a 22% tax rate and has an $825,000 profit. Show your calculation in determining the effective After-Tax Profit.

Profit? :

Tax Rate?:

After Tax Profit?:

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Answer #1

Profit = $825,000

Tax rate = 22%

After tax profit = $643,500 [$825,000 - ($825,000 * 22%)]

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