Question
William Blue Pty Ltd has sales of $1600 for the financial year ended 30 June 2015. The associated cost of goods sold is $800. The
William Blue Pty Ltd has sales of $1600 for the financial year ended 30 June 2015. The associated cost of goods sold is $800. The depreciation charge for the year is $50 and interest paid was $80. If the average tax rate is 30% what is the net income for the year?
| $201 | ||
| $670 | ||
| $469 | ||
| $750 |
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Entrepreneurial Finance
Authors: Steven Rogers
4th Edition
1260461440, 978-1260461442
