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Question 22 8 pt Nelson Industries pays income tax equal to 21 percent of taxable income (EBT). Nelson's times-interest-earned ratio is 3.50 and it has
Question 22 8 pt Nelson Industries pays income tax equal to 21 percent of taxable income (EBT). Nelson's times-interest-earned ratio is 3.50 and it has an annual interest expense of $203,345. What is Nelson's net income? Please give your answer in the space below, showing your work as best as possible. Make sure your final answer is clearly MA
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