Question
A company had revenue of $823,564 last year.Its cost of goods sold were 55% of sales, it had depreciation expenses of $68,733, and interest expenses
A company had revenue of $823,564 last year.Its cost of goods sold were 55% of sales, it had depreciation expenses of $68,733, and interest expenses of $45,791.If the companys tax rate is 35%, what was its earnings before taxes?
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Managerial Accounting
Authors: James Jiambalvo
4th edition
9780470546888, 9780470333341, 470546883, 470333340, 978-0470578797
