Kwok enterprises has the following income statement how, Ask an Expert

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Kwok Enterprises has the following income statement. How much after-tax operating income does the firm have?

Sales $2,050
Costs 1,400
Depreciation 250
EBIT $400
Interest expense 70
EBT $330
Taxes (40%) 132
Net income $198

Answer
$240
$262
$247
$228
$185

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Category:- Basic Finance
Reference No.:- M9874156

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