Solved: The firms tax rate is 27 percent what did sammys shovels, Business Management

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The firms tax rate is 27 percent what did sammys shovels

Sammy's Shovels had sales of $ 95,742 in 2010. The cost of goods sold was $ 33,440 , operating expenses (excluding depreciation) were $ 11,302 , interest expenses were $ 4,677 , depreciation expense was $ 6,092 , and dividends paid were $ 1,031. The firm's tax rate is 27 percent. What did Sammy's Shovels report as net income (or, net profit) in 2010?

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Business Management: The firms tax rate is 27 percent what did sammys shovels

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