Blue Ridge Resorts has the following pretax information available for the current year: Pretax receipts $800,000 Pretax costs 300,000 Assuming all receipts are taxable and all costs are tax-deductible, what will be Blue Ridge's after-tax net income for the year if their tax rate is 30%?

A) $330,000
B) $150,000
C) $350,000
D) $770,000


C

Business

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