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options: 18,160.6 17,943.0 18,098.0 18,909.4 Recent English (United States) (en_us) Question 4 Calculate normalized net income. Selling, general and administration expense includes a litigation income
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18,160.6
17,943.0
18,098.0
18,909.4
Recent English (United States) (en_us) Question 4 Calculate normalized net income. Selling, general and administration expense includes a litigation income of 468.0, and interest expense includes a fine of 155.0. Not yet answered Revenues 67,450.0 Points out of 1.00 Cost of goods sold 30,590.0 P Flag question Gross profit 36,860.0 Selling, general and administration 11,210.0 Operating profit 25,650.0 Interest income 931.0 Interest expense 570.0 Profit before tax 26,011.0 Tax expense 7,600.0 Net income 18,411.0 Marginal tax rate 20.0%Step by Step Solution
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