Problempremium pet supplies has sales of 98400 the costs of, Ask an Expert

Accounting

Problem:

Premium Pet Supplies has sales of $98,400. The costs of goods sold are $55,000 and the other costs are $21,000. Depreciation is $12,000 and the tax rate is 35 percent.

Required:

Question: What is the net income of the company?

Note: Show all workings.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91167891

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