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Question 1 (4 points) At the end of fiscal year 2021, Rainer Construction Co., Inc. has the following financial profile (all figures are in dollars):
Question 1 (4 points) At the end of fiscal year 2021, Rainer Construction Co., Inc. has the following financial profile (all figures are in dollars): Current assets Non-current assets Current liabilities Non-current liabilities Total revenue before taxes Total expenses 8,500,000 3,600,000 750,000 310,000 500,000 350,000 (a) What is the total net worth of this company? (b) What is the income after taxes? (Assume a 12% tax rate)
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