What is the firm net operating income and net income

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Question: The Allen Corporation had sales in 2013 of$ 67million, total assets of$ 40million, and total liabilities of$ 16million. The interest rate on the company's debt is 6.3percent, and its tax rate is 35percent. The operating profit margin is14percent. What is the firm's 2013 net operating income and net income?

Reference no: EM131565689

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