Evaluate the delta ray brands net income after-tax

Reference no: EM13719746

Compute the correct answer of the given problem

Problem- Delta Ray Brands Corp. just completed their latest fiscal year. The firm had sales of $16,856,200. Depreciation and amortization was $828,600, interest expense for the year was $857,800, and selling general and administrative expenses totaled $1,552,700 for the year, and cost of goods sold was $9,804,100 for the year. Assuming a federal income tax rate of 34%.

Part 1- What was the Delta Ray Brands net income after-tax?

I need assistance to evaluate the Delta Ray Brands net income after-tax.

Reference no: EM13719746

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