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Complete the Net Income Statement that follows with the following information; Sales =$500,000, Cost of Sales = 65.00%, Administrative cost are 10.00% and depreciation is
Complete the Net Income Statement that follows with the following information;
Sales =$500,000, Cost of Sales = 65.00%, Administrative cost are 10.00% and
depreciation is 2.00%. It also has $100,000 in Total Debt costing 10.00%. The
corporate tax is 30.00%. Find the Net income.
$70,500
$71.500
$75.500
$73.500
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Public Finance A Contemporary Application Of Theory To Policy
Authors: David N Hyman
8th Edition
0324259700, 978-0324259704
