Annual expenses are expected to be labor of 50000 30000 in


XYZ Co. is considering a proposed project that has an esstimated annual cash revenue of $170,000. Annual expenses are expected to be: labor of $50,000; $30,000 in rent; $10,000 in equipment depreciation. The tax rate is 35%. Calculate the expected Net Income.

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Finance Basics: Annual expenses are expected to be labor of 50000 30000 in
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