Centennial Brewery produced revenues of $1,152,650 in 2020. It has cost of goods sold and operating expenses (excluding depreciation) of $896,601, depreciation of $131,962, and interest expense of $84,232. It pays a company tax rate of 35 percent. What is the company's net income?

Answer rating: 100% (QA)

To calculate the companys net income well subtract the cost of goods sold op... View the full answer