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Find what is the firm net profit

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Reference no: EM132616514

Problem 1: A manufacturer of wireless headphones has revenues of $558,000, operating expenses totalling $166,000, cost of goods sold equal to $105,000, interest costs of $33,000, and faces a 40% tax rate. What is the firm's net profit?

Select one:

Option a. $254000

Option b. $166800

Option c. $101600

Option d. $152400

Reference no: EM132616514

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