"the s&h construction company expects to have total sales next year totaling $ 14 comma 700 comma 000. in addition, the firm pays taxes at 35 percent and will owe $ 290 comma 000 in interest expense. based on last year's operations the firm's management predicts that its cost of goods sold will be 63 percent of sales and operating expenses will total 30 percent. what is your estimate of the firm's net income (after taxes) for the coming year?"
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Category: biomedicalengineering |
Author: Valko Tomer
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