Company earnings after taxes


BOS Company recently reported $15,500 of sales, $8,250 of operating costs other than depreciation, and $1,750 of depreciation. It had $9,000 of bonds outstanding that carry a 7.0% interest rate, and its federal-plus-state income tax rate was 40%. How much was the Company's earnings before taxes (EBT)? How much was the Company's earnings after taxes (EAT)?

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Business Management: Company earnings after taxes
Reference No:- TGS072142

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