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    Net Income

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    Trying to find the net income with:

    $640,000 sales

    480,000 cost

    40,000 interset expense

    60,000 depreciation

    34% tax rate.

    © BrainMass Inc. brainmass.com June 3, 2020, 9:04 pm ad1c9bdddf

    Solution Summary

    The solution explains how to determine the amount of net income.