Vector Pest Control has: • • . • • Sales $620,000 = Cost of Goods Sold = $340,000 Depreciation = $60,000 Interest $24,000 = Tax Rate = 35% What is the net income?

Entrepreneurial Finance
6th Edition
ISBN:9781337635653
Author:Leach
Publisher:Leach
Chapter4A: Nopat Breakeven: Revenues Needed To Cover Total Operating Costs
Section: Chapter Questions
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Can you solve this general accounting question with accurate accounting calculations?

Vector Pest Control has:
•
•
.
•
•
Sales $620,000
=
Cost of Goods Sold = $340,000
Depreciation = $60,000
Interest $24,000
=
Tax Rate = 35%
What is the net income?
Transcribed Image Text:Vector Pest Control has: • • . • • Sales $620,000 = Cost of Goods Sold = $340,000 Depreciation = $60,000 Interest $24,000 = Tax Rate = 35% What is the net income?
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