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The SUNY Company had revenues of $925,000 in 2017. Its operating expenses (excluding depreciation) amounted to $325,000, depreciation charges were $125,000, and interest costs totaled
The SUNY Company had revenues of $925,000 in 2017. Its operating expenses (excluding depreciation) amounted to $325,000, depreciation charges were $125,000, and interest costs totaled $55,000. If the firm pays a marginal tax rate of 34 percent, calculate its net income after taxes. Put into excel spreadsheet
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