Solution-What was the amount of net income

What was the amount of net income

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Reference no: EM133041508

Question - You overheard a conversation at work about your company's 2019 Income Statement that indicated:

Last year's revenues were $ $510,967,632

Interest expense was $20,438,705

The corporate tax rate was 30%

COGS was 40% of revenues

Operating expenses were 20% of revenues

Depreciation expenses were $25,548,382

Required - What was the amount of Net Income?

Reference no: EM133041508

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What was the amount of net income : You overheard a conversation at work about your company's 2019 Income Statement that indicated: What was the amount of Net Income

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What was the amount of net income

Reference no: EM133041508

Reference no: EM133041508

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