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If gross profit is 25% of sales, the COGS is 45,000. The administrative expenses are 3000, selling and distribution expenses are 2000, interest 5000 and
If gross profit is 25% of sales, the COGS is 45,000. The administrative expenses are 3000, selling and distribution expenses are 2000, interest 5000 and tax rate is 30%.
What will be the amount of net profit ?
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Authors: Alvin A. Arens, Randal J. Elder, Mark S. Beasley, Ingrid B. Splettstoesser
10th Canadian Edition
0131296159, 978-0131296152
