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Playitagain in Dover sold $53,000 worth of equipments in August. There are $19,000 labor cost (salary), and Playitagain paid $15,000 for these equipment originally. Finally
Playitagain in Dover sold $53,000 worth of equipments in August. There are $19,000 labor cost (salary), and Playitagain paid $15,000 for these equipment originally. Finally there are rental cost $4,800, utility cost $669 in August. Please calculate Playitagain August net income after tax in the income statement form given the corporate income tax rate 30%. Calculate Playitagains profitability in August. * Profitability = Net Profit (income after tax)/ Total Revenue
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