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Papa Roach Exterminators, Inc., has sales of $554,000, costs of $265,000, depreciation expense of $46,000, interest expense of $15,000, and a tax rate of 30 percent. What is the net income for firm?

a. $61,800

b. $205,600

c.$159,600

d.$174,600

e.$220,600

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92301753

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