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Delta Ray Brands Corp. just completed their latest fiscal year. The firm had sales of $17,329,300. Depreciation and amortization was $833,700, interest expense for the
Delta Ray Brands Corp. just completed their latest fiscal year. The firm had sales of $17,329,300. Depreciation and amortization was $833,700, interest expense for the year was $872,100, and selling general and administrative expenses totaled $1,505,100 for the year, and cost of goods sold was $10,507,300 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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