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Total after tax net income

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39 Assume the following for your corporation:
sales (aka revenue) $250
Cost of goods sold 160
depreciation 35
Interest Expense 20
tax rate = 34%
What is the corporation's total after tax net income?
a. 23.10
b. 11.90
c. 35.00
d. 46.20
e. 36.30

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Response discusses total after tax net income

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Assume the following for your corporation:
sales (aka revenue) $250
Cost of goods sold ...

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