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The Eielson Company had sales of $170,460, operating cost of $66,768, and depreciation was $16,173. They borrowed $8,000 at 5% interest and are in the
The Eielson Company had sales of $170,460, operating cost of $66,768, and depreciation was $16,173. They borrowed $8,000 at 5% interest and are in the 20% tax bracket. What was their net income to two places?
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