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Delta Ray Brands Corp. just completed their latest fiscal year. The firm had sales of $16,019,200. Depreciation and amortization was $844,700, interest expense for the
Delta Ray Brands Corp. just completed their latest fiscal year. The firm had sales of $16,019,200. Depreciation and amortization was $844,700, interest expense for the year was $822,000, and selling general and administrative expenses totaled $1,464,700 for the year, and cost of goods sold was $10,818,100 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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