Given the following income statement data, sales=3600 cost of goods sold= 1800 General and administrative expenses= 200
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Question:
Given the following income statement data,
sales=3600
cost of goods sold= 1800
General and administrative expenses= 200
depreciation = 150
interest expense = 50
tax rate = 35%
calculate net income
Related Book For
Horngrens Financial and Managerial Accounting
ISBN: 978-0133866292
5th edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
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