Multiple Choice
Calculate net income based on the following information: sales are $300; cost of goods sold is $190,depreciation expense is $45,interest paid is $20,and the tax rate is 34%.
A) $11.90
B) $15.30
C) $29.70
D) $36.30
E) $45.00
Correct Answer:
Verified
Correct Answer:
Verified
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