TechGrowth Corp. has: • Sales revenue of $25.4 million Total assets of $19.1 million Total debt of $6.3 million . Profit margin of 14% What is the company's net income?
TechGrowth Corp. has: • Sales revenue of $25.4 million Total assets of $19.1 million Total debt of $6.3 million . Profit margin of 14% What is the company's net income?
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter16: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 29E
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General accounting question

Transcribed Image Text:TechGrowth Corp. has:
•
Sales revenue of $25.4 million
Total assets of $19.1 million
Total debt of $6.3 million
. Profit margin of 14%
What is the company's net income?
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