Answer:
net income is $48452.81
Step-by-step explanation:
Sales =$147500
subtract operating expenses
-$75500 =$72000
subtract non- operating costs
depreciation -$10200 =$61800
-interest expense payable (16500*7,23%)$1196.25=63603.75
from profit before tax deduct income taxes =63603.75*25%=15150.9375
Net Income is therefore $63603.75-$15150.9375 = $48452.81
Answer:
55555
Step-by-step explanation:
ggk
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