Question
Looking for someone to check my work on Net Operating profit after taxes. here is the information: Company ABCD had Net Income after tax (NIAT)
Looking for someone to check my work on Net Operating profit after taxes. here is the information: Company ABCD had Net Income after tax (NIAT) totaling $56,700, sales totaling $600,000, $4,000 in interest cost, and a 30 percent income tax rate for 2017.
I got 85,000 can someone confirm if that is correct??
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Cornerstones of Financial Accounting
Authors: Jay Rich, Jeff Jones
4th edition
978-1337690881, 9781337669450, 1337690880, 1337690899, 1337669458, 978-1337690898
