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I am not getting the calculation right. Would you please show me step by step on how to solve this problem so that I can
I am not getting the calculation right. Would you please show me step by step on how to solve this problem so that I can refer to it as a guide in the future? My teacher told us the answer is but I am not getting that answer with this formula that was given:
Profit can be calculated as Revenue or Sales Cost of goods sold or Cost of Revenue or Variable Costs Selling, General, and Administrative or Fixed costs Depreciation $ and then multiplying by tax
If Sales is Cost of Goods Sold is is Inventory is Selling, General, and Administrative Expense is Depreciation is Property Plant and Equipment is and tax is what is Profit?
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