Multiple Choice
Centennial Brewery produced revenues of $1,145,227 in 2012. It has expenses (excluding depreciation) of $812,640, depreciation of $131,335, and interest expense of $81,112. It pays a company tax rate of 30 percent. What is the company's profit after tax?
A) $120,140
B) $248,475
C) $84,098
D) $40,848
Correct Answer:
Verified
Correct Answer:
Verified
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