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XYZ Co has disclosed the following financial information for the period ending 12/31/19: sales of $1,542,390, cost of goods sold of $833,557, depreciation expenses of
XYZ Co has disclosed the following financial information for the period ending 12/31/19: sales of $1,542,390, cost of goods sold of $833,557, depreciation expenses of $100,402, and interest expenses of $80,436. Assume that the firm has an average tax rate of 35 percent. What is the company's net income? Sales COGS ( ) Deprecation ( ) Interest exp ( ) Pre-Tax Income Tax ( ) Net Income
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