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Oakdale Fashions, Incorporated s , income statement is reported below. ( Use corporate tax rate of 2 1 percent for your calculations. ) Oakdale Fashions,
Oakdale Fashions, Incorporateds income statement is reported below. Use corporate tax rate of percent for your calculations.
Oakdale Fashions, Incorporated, Income Statement
Net sales all credit $
Less: Cost of goods sold
Gross profits $
Less: Other operating expenses
EBITDA $
Less: Depreciation and amortization
EBIT $
Less: Interest
EBT $
Less: Taxes
Net income $
Determine the firm's tax liability.
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