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 $17,807,100. Depreciation and amortization was $808,700, interest expense for the year was $892,300, and selling general and administrative expenses totaled $1,511,200 for the year, and cost of goods sold was $10,104,800 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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Financial Management: Assuming a federal income tax rate of 34 what was the delta
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