Assuming a federal income tax rate of 34 what was the delta


Delta Ray Brands Corp. just completed their latest fiscal year. The firm had sales of $17,831,300. Depreciation and amortization was $883,200, interest expense for the year was $810,900, and selling general and administrative expenses totaled $1,408,700 for the year, and cost of goods sold was $9,320,100 for the year. Assuming a federal income tax rate of 34%, what was the Delta Ray Brands net income after-tax?

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Finance Basics: Assuming a federal income tax rate of 34 what was the delta
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