Question: how do I get the net income? could you also explain how the inventory affects it if it does? I've tried (revenue+Cost of good sold+depreciation+administrative
how do I get the net income? could you also explain how the inventory affects it if it does?
I've tried (revenue+Cost of good sold+depreciation+administrative expense-int.exp-tax) = $6800 but it says incorrect.
Update: I just spotted my mistake.
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