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You've collected the following information about a company: Line item Value Sales 460 Costs 368 Depreciation 40 Interest 25 The company's average tax rate is
You've collected the following information about a company:
Line item | Value |
Sales | 460 |
Costs | 368 |
Depreciation | 40 |
Interest | 25 |
The company's average tax rate is 13%.
Use Excel to find net income. What is net income (profit after taxes) for the year?
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