Question
The Oriole company has disclosed the following financial information and its annual reports for the period ending March 31 2017: sales of 1.67 million, cost
The Oriole company has disclosed the following financial information and its annual reports for the period ending March 31 2017: sales of 1.67 million, cost of goods sold of $813,500, depreciation expenses of $175,000, and interest expenses of $89,575. assume that the firm has an average tax rate of 35%. what is the company's net income? Set up an income statement to answer the question
Label options for header include: 1. for the year ended on March 31, 2017 2. March 31, 2017 3. for the period ended on March 31, 2017
label options include: 1. earnings before taxes 2. revenues 3. earnings before interest taxes depreciation and amortization 4. interest 5. taxes 6. depreciation 7. the income/loss 8. earnings before interest and taxes 9. cost of goods sold
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