Question
Marcie's has sales of $179,600, depreciation of $14,900, costs of sales of $138,200, and other costs of $28,400. The tax rate is 35 percent. calculate
Marcie's has sales of $179,600, depreciation of $14,900, costs of sales of $138,200, and other costs of $28,400. The tax rate is 35 percent. calculate What is the net income?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
To calculate the net income we need to subtract all expenses from the sales and th...
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Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
10th edition
978-0077511388, 78034779, 9780077511340, 77511387, 9780078034770, 77511344, 978-0077861759
