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Consider the following income statement: Sales $ 930,648 Costs 605,472 Depreciation 137,700 Taxes 23 % Consider the following income statement: Sales $ 930,648 Costs 605,472
| Consider the following income statement: |
| Sales | $ 930,648 | ||
| Costs | 605,472 | ||
| Depreciation | 137,700 | ||
| Taxes | 23 % | ||
| Consider the following income statement: |
| Sales | $ 930,648 | ||
| Costs | 605,472 | ||
| Depreciation | 137,700 | ||
| Taxes | 23 % | ||
| Calculate the EBIT. |
|
|
| Calculate the net income. |
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Surviving An IRS Tax Audit
Authors: Frederick W. Daily
3rd Edition
1413318649, 978-1413318647
