Mission Enterprises’ income statement is given by:
Item Amount
Sales $5,000
COGS $2,000
SG&A $1,000
Depreciation $500
Interest $250
If half of the SG&A expenses are NOT associated directly with the project and Mission is in the 35% tax bracket, what is UNI for Mission?
a. $1,137.50
b. $1,300.00
c. $975.00
d. $1,625.00
