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Question 5 1 pts The Oakland Mills Company has disclosed the following financial information in its annual reports for the period ending March 31, 2008.
Question 5 1 pts The Oakland Mills Company has disclosed the following financial information in its annual reports for the period ending March 31, 2008. It produced sales of $2 million, had cost of goods sold to the tune of $812,500, depreciation expenses of $175,000, and interest expenses of $89,575. Assume that the firm has a tax rate of 35 percent. What is the company's net income (round to the nearest dollar)? 274,901 599.901 469,901 212.901
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