Question: The Top Class Company had revenues of 925 000in 2011 Its

The Top Class Company had revenues of $925,000in 2011. Its operating expenses (excluding depreciation) amounted to $325,000, depreciation charges were $125,000, and interest costs totaled $55,000. If the firm pays a marginal tax rate of 34 percent, calculate its net income after taxes.


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  • CreatedMay 08, 2014
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