Bella cafe has sales of $600,000 with cost solve this accounting questions Bella's Café has sales of $600,000 with costs of $350,000.Interest expense is $30,000, and depreciation is $50,000.The tax rate is 25 percent. What is the net income?A) $150,000B) $133,750C) $145,000D) $127,500E) $135,500

Step 1: Definition of Net IncomeNet income is the company's total earnings calculated by deducting…

Answered: Bella's Café has sales of $600,000 with…

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter9: Capital Budgeting And Cash Flow Analysis

Section: Chapter Questions

Problem 2P

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Bella's Café has sales of $600,000 with costs of $350,000. Interest expense is $30,000, and depreciation is $50,000. The tax rate is 25 percent. What is the net income? A) $150,000 B) $133,750 C) $145,000 D) $127,500 E) $135,500