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Net Income Assignment | Homework For You

Author:
January 24th, 2020

Recycled Paper Inc. had sales of $35,000 with COGS equal to 40% of sales. Recycled Paper also had total other operating expenses of $3,250, interest expense of $1,500, and is subject to a flat 40% of its pre-tax income in income taxes. What is Recycled Paper’s net income?Homework For You

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O $8,250

$6,750

$9,750

0 $9,140. Get Finance homework help today

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