Question
Papa Roach Exterminators, Inc., has sales of $554,000, costs of $265,000, depreciation expense of $46,000, interest expense of $15,000, and a tax rate of 30
Papa Roach Exterminators, Inc., has sales of $554,000, costs of $265,000, depreciation expense of $46,000, interest expense of $15,000, and a tax rate of 30 percent. What is the net income for firm?
a. $61,800
b. $205,600
c.$159,600
d.$174,600
e.$220,600
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Equity Valuation Risk And Investment A Practitioners Roadmap
Authors: Peter C. Stimes
1st Edition
0470226404, 9780470226407
