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Leon Auto Wholesalers had sales of $1,130,000 lsst yeur, and cust of goods suld represented 75 percent of sales. Seling and administraive expenses were 13
Leon Auto Wholesalers had sales of $1,130,000 lsst yeur, and cust of goods suld represented 75 percent of sales. Seling and administraive expenses were 13 percent of sales. Deprecistion expense was 511,000 and interest esxpenise fur the year was $12,000. The fim's tax rate is 30 pervent a. Compute eamings atter taxes Lemon Auto Wholesalers Income Statemant prices as a rosut of more annrere suggestions for Lemon Auto Wholesalers. Round taxes and earnings after taxes to1 decimal place.) 319 700 The frmyrate wil remain at 30prront Cor vicd mine terhasd Mc Carr's Lemon Auto Wholesalers Income Slalement b.2. Will her idees ingease d rofisblly? Increase pruttabey Cecesse prollebiny
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