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$4,200,000 POY Inc. has just reported sales of $557 million, COGS of $150 million, depreciation of $190 million, and interest expense of $40.2 million.

$4,200,000

\ POY Inc. has just reported sales of

$557

million, COGS of

$150

million, depreciation of

$190

million, and interest expense of

$40.2

million. If the tax rate is

35%

, what is POY's net income?\

$407.0

million\

$217.0

million\

$114.9

million\

$187.6

million\ none of the above

image text in transcribed
6 POY Inc. has just reported sales of $557 million, COGS of $150 million, depreciation of $190 million, and interest expense of $40.2 million. If the tax rate is 35%, what is POY's net income? $407.0 million $217.0 million $114.9 million $187.6 million none of the above

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