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How much profit is the leon division manager

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Reference no: EM132507783

Question 1: Leon Division had interest expense of $94,400. Its income tax rate was 32%. Leon Division generated net income totaling $784,400. With $2,400,000 of assets invested in Leon Division, for how much profit is the Leon Division manager responsible?

Option 1: $631,192

Option 2: $819,608

Option 3: $848,592

Option 4: $725,208

Reference no: EM132507783

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