Delta Ray Brands Corp. just completed their latest fiscal year. The firm had sales of $17,983,300. Depreciation and amortization was $858,800, interest expense for the year was $862,600, and selling general and administrative expenses totaled $1,529,000 for the year, and cost of goods sold was $9,759,300 for the year.
Delta Ray Brands Corp. just completed their latest fiscal year. The
firm had sales of $17,983,300. Depreciation and amortization was $858,800, interest expense for the year was $862,600, and selling general and administrative expenses totaled $1,529,000 for the year, and cost of goods sold was $9,759,300 for the year. Assuming a federal income tax rate of 34%, what was the Delta Ray Brands net income after-tax?
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