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For the past year, Momsen Limited had sales of $45,797, interest expense of $3,620, cost of goods sold of $16,134, selling and administrative expense of
For the past year, Momsen Limited had sales of $45,797, interest expense of $3,620, cost of goods sold of $16,134, selling and administrative expense of $11,481, and depreciation of $5,980. If the tax rate was 21 percent, what was the company's net income? $4,311 $6,780 $8,582 $13,041 $6,007
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