A company earns before-tax profit of 200 000. It must pay 1) 10% of its after-tax profits to Natural Conservation Fund (N) ; 2) State tax (S) of 10% (after N); 3) Federal tax (F) of 20% (after S and N). Write the system of equatios to find N,S,F and determine If it is consistent.
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A company earns before-tax profit of 200 000. It must pay
1) 10% of its after-tax profits to Natural Conservation Fund (N) ;
2) State tax (S) of 10% (after N);
3) Federal tax (F) of 20% (after S and N).
Write the system of equatios to find N,S,F and determine If it is consistent.
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