Question
Clover Corp had sales of $124,204 in 2019. The operating costs were $50,958, depreciation was $32,764, interest expense was $6,070. The firm's tax rate is
Clover Corp had sales of $124,204 in 2019. The operating costs were $50,958, depreciation was $32,764, interest expense was $6,070. The firm's tax rate is 23%. What is the firm's Net Income?
| $40,482 | ||
| $95,637 | ||
| $90,963 | ||
| $26,497 | ||
| None of the other available choices | ||
| $65,735 |
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Financial Markets and Institutions
Authors: Frederic S. Mishkin, Stanley G. Eakins
8th edition
013342362X, 978-0133423624
