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Calculate normalized net income. Selling, general and administration expense includes a litigation income of 468.0, and interest expense includes a fine of 155.0. Revenues 67,450.0
Calculate normalized net income. Selling, general and administration expense includes a litigation income of 468.0, and interest expense includes a fine of 155.0.
Revenues | 67,450.0 |
Cost of goods sold | 30,590.0 |
Gross profit | 36,860.0 |
Selling, general and administration | 11,210.0 |
Operating profit | 25,650.0 |
Interest income | 931.0 |
Interest expense | 570.0 |
Profit before tax | 26,011.0 |
Tax expense | 7,600.0 |
Net income | 18,411.0 |
Marginal tax rate | 20.0% |
Select one:
18,160.6
18,909.4
17,943.0
18,098.0
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