Homework Answers
Answer
C. 320.40
Calculation of Net profit After taxes after taxes
Net Profit Statement of firm
| Particulars | Amount |
| Sales Revenue | $3060 |
| Less : Cost of goods sold | $1800 |
| Total Operating expenses | $600 |
| Interest Expenses | $126 |
| Net Income before taxes | $534 |
| Tax Rate | 40% |
| Net Profit after taxes | $320.4 |
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