Question
The Carpentry Shop has sales of $411,455, costs of $254,800, depreciation expense of $26,400, interest expense of $1,600, and a tax rate of 34 percent.
The Carpentry Shop has sales of $411,455,
costs of $254,800, depreciation expense of $26,400, interest expense of $1,600, and a tax rate of 34 percent. What is the net income for this firm?
A. $172,398
B. $84,912
C. $11,240
D. $85,968
E. $130,255
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Authors: Greg Middleton
1st Edition
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