How to calculate a firm's net income if sales are 67 million, assets are 49 million, total

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How to calculate a firm's net income if sales are 67 million, assets are 49 million, total liabilities 22 million. The interest rate on debt is 6.4%, its tax rate is 35%, the operating profit margin is 10%?

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Entrepreneurial Finance

ISBN: 978-1305968356

6th edition

Authors: J. Chris Leach, Ronald W. Melicher

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Posted Date: Apr 26, 2024 09:07 AM

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How to calculate a firm's net income if sales are 67 million, assets are 49 million, total

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To calculate the firms net income we need to consider the operating profit margin inte... View the full answer

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