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Compute the? firm net operating income and net income

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Question - In? 2016, the Allen Corporation had sales of $70 ?million, total assets of $40 ?million, and total liabilities of  17 million. The interest rate on the? company's debt is 6.4 ?percent, and its tax rate is 35 percent. The operating profit margin is 13 percent. Compute the? firm's 2016 net operating income and net income.

Reference no: EM133180067

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