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please help!! Pancake House had sales of $1.5 million with depreciation of $350,000 and other operating costs that ran 40% of sales. They paid $180,000
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Pancake House had sales of $1.5 million with depreciation of $350,000 and other operating costs that ran 40% of sales. They paid $180,000 in dividends with a tax rate of 35% and interest expense of $280,000. What was their Net Income? $175,500$65,500$403,000$58,500 Step by Step Solution
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