Income statement: Nimitz Rental Company provided the following information to its auditors. For the latest fiscal year,

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Income statement: Nimitz Rental Company provided the following information to its auditors. For the latest fiscal year, the company had revenues of $878,412, general and administrative expenses of $352,666, depreciation expenses of $131,455, leasing expenses of

$108,195, and interest expenses equal to $78,122. If the company’s average tax rate is 27 percent, what is its net income after taxes?

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Fundamentals Of Corporate Finance

ISBN: 9781119795438

5th Edition

Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates

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