What was the delta ray brands net income after-tax

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Problem 1: Delta Ray Brands Corp. just completed their latest fiscal year. The firm had sales of $16,714,100. Depreciation and amortization was $837,000, interest expense for the year was $880,100, and selling general and administrative expenses totaled $1,512,100 for the year, and cost of goods sold was $10,523,800 for the year. Assuming a federal income tax rate of 34%, what was the Delta Ray Brands net income after-tax? Round to the nearest cent.

Reference no: EM132796867

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