Determining the firm net income after taxes, Finance Basics

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Determining the firm net income after taxes

Centennial Brewery produced revenues of 1,145,227 in 2008. It has expenses (excluding depreciation) of 812,640, depreciation of 131,335, and interest expense of 81,112. It pays a marginal tax rate of 34 percent. What is the firm's net income after taxes?

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Finance Basics: Determining the firm net income after taxes

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Finance Basics: Determining the firm net income after taxes

Reference No:- TGS055108

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Recent Questions Asked Finance Basics

Q : Better estimate of stock current market value

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Request for Solution File

Ask an Expert for Answer!!

Finance Basics: Determining the firm net income after taxes

Reference No:- TGS055108

Recent Questions Asked Finance Basics

Q : Better estimate of stock current market value

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Q : Who pays the tax at the end

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