Question: Nike reports its 2021 operating performance data: sales= $1,500,000 operating costs, excluding depreciation are equal to $361,325 Depreciation= $250,000 Bonds of $400,000 carry a %6
Nike reports its 2021 operating performance data:
sales= $1,500,000
operating costs, excluding depreciation are equal to $361,325
Depreciation= $250,000
Bonds of $400,000 carry a %6 interest rate
Income tax rate= 30%
What is 2021 net income??
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