Answer:
net income = $199,000
Explanation:
In order to calculate net income, we will first start with EBIT or income from operations and then subtract income tax expense, loss from sale of investments and finally income taxes:
- EBIT = $415,000
- Interest expense = $71,000
- Loss from sale of investments = $87,000
- Income tax expense = $58,000
- Net income = $199,000
97% of the students graduate. and stay for a second year
<span>The fundamental limitation of a matrix structure is that it institutes a dual hierarchy that violates the unity-of-command principle</span>
