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Delta Ray Brands Corp. just completed their latest fiscal year. The firm had sales of $16,417,900. Depreciation and amortization was $803,500, interest expense for the
Delta Ray Brands Corp. just completed their latest fiscal year. The firm had sales of $16,417,900. Depreciation and amortization was $803,500, interest expense for the year was $805,300, and selling general and administrative expenses totaled $1,588,800 for the year, and cost of goods sold was $9,129,600 for the year. Assuming a federal income tax rate of 34%, what was the Delta Ray Brands net income after-tax
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