Question

2) Sales 56000 Costs 42000 Interest Expense 1625 Depreciation 2540 Tax Rate 35% What is company's...

2)


Sales

56000

Costs

42000

Interest Expense

1625

Depreciation

2540

Tax Rate

35%

What is company's Net income?

0 0
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Answer #1
Sales 56,000
Less:costs 42,000
Less:depreciation 2540
EBIT 11460
Less:interest expense 1625
EBT 9835
Less:tax(9835*35%) 3442.25
Net income $6392.75
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