Last year, Conn Limited had Sales of $45,200 Interest expense of $3,485 Cost of goods sold...
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Last year, Conn Limited had Sales of $45,200 Interest expense of $3,485 Cost of goods sold of $15,700 Selling and administrative expense of $10,185 and Depreciation of $3,555 If the tax rate was 25%, what was the company's net income last year? Last year, Conn Limited had Sales of $45,200 Interest expense of $3,485 Cost of goods sold of $15,700 Selling and administrative expense of $10,185 and Depreciation of $3,555 If the tax rate was 25%, what was the company's net income last year?
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Answer rating: 100% (QA)
To calculate the companys net income you can use the following formula Net Income Sales ... View the full answer
Related Book For
Financial Reporting Financial Statement Analysis and Valuation
ISBN: 978-0324302950
6th edition
Authors: Clyde P. Stickney
Posted Date:
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