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2017 Statement of Comprehensive Income ($ thousands) 2017 % of Sales 2017 $ 1,509 750 65 Net sales Cost of goods sold Depreciation EBIT Interest

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2017 Statement of Comprehensive Income ($ thousands) 2017 % of Sales 2017 $ 1,509 750 65 Net sales Cost of goods sold Depreciation EBIT Interest paid Income before taxes Taxes Net income Expressed as % Net Sales = 100% COGS/Net Sales Depreciation/Net Sales EBIT/Net Sales Interest paid/Net Sales Income before taxes/Net Sales Taxes/Net Sales Net Income/Net Sales 70 250 Dividends Additions to retained earning 65 (65) Calculate the Tax Rate Calculate the POR Calculate the RR Tax paid/Income Before Taxes Dividends/Net Income RE/Net Income

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