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Assume the following for your corporation: sales (aka revenue) = $250 Cost of goods sold = 160 depreciation = 35 Interest Expense = 20 tax
Assume the following for your corporation:
sales (aka revenue) = $250
Cost of goods sold = 160
depreciation = 35
Interest Expense = 20
tax rate = 34%
What is the corporation's total after tax net income?
A) 23.10
B) 11.90
C) 35.00
D) 46.20
E) 36.30
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