Evergreen Manufacturing has revenue of $1,250,000, production costs of $685,000, operating expenses of $175,000, interest expense of $65,000, and a tax rate of 25 percent. What is the net income for this company?

Evergreen Manufacturing has revenue of $1,250,000, production costs of $685,000, operating expenses of $175,000, interest expense of $65,000, and a tax rate of 25 percent. What is the net income for this company?

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter5: The Income Statement And The Statement Of Cash Flows

Section: Chapter Questions

Problem 1RE: Brandt Corporation had sales revenue of 500,000 for the current year. For the year, its cost of...

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Answer

Evergreen Manufacturing has revenue of $1,250,000, production
costs of $685,000, operating expenses of $175,000, interest expense of
$65,000, and a tax rate of 25 percent. What is the net income for this
company?

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