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Hello, im trying to find the net income for this problem and wanted to see if i got the right answer. Gary's Clothing Store has
Hello,
im trying to find the net income for this problem and wanted to see if i got the right answer.
Gary's Clothing Store has sales of $670,000 and costs of $460,000.Interest expense is $50,000 and depreciation is $55,000.The tax rate is 34%.What is the net income?
i got $69300
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