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Triumph Trading Company Provided the Following Information to Its Auditors

Question 44

Multiple Choice

Triumph Trading Company provided the following information to its auditors. For the year ended June 30, 2013, the company had revenues of $1,122,878, operating expenses (excluding depreciation and leasing expenses) of $612,663, depreciation expenses of $231,415, leasing expenses of $126,193, and interest expenses equal to $87,125. If the company's tax rate was 30 percent, what is its profit after tax?


A) $45,837
B) $65,482
C) $152,607
D) none of the above

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