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Ali Corp. has sales of JOD 3,000,000; the firm's cost of goods sold is JOD 1,425,000; and its total operating expenses are JOD 700,000. The

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Ali Corp. has sales of JOD 3,000,000; the firm's cost of goods sold is JOD 1,425,000; and its total operating expenses are JOD 700,000. The firm's interest expense is JOD 230,000, and the corporate tax rate is 40%. What is Ali net income? Select one: O a. JOD 387,000 O b. JOD 645,000 O c. JOD 350,000 O d. JOD 258,000

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