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What did sammys shovels report as net income

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Sammy's Shovels had sales of $84,108 in 2010. The cost of goods sold was $22,205, operating expenses (excluding depreciation) were $16,559, interest expenses were $1,534, depreciation expense was $9,170, and dividends paid were $1,767. The firm's tax rate is 27 percent. What did Sammy's Shovels report as net income (or, net profit) in 2010?

Reference no: EM13524974

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