What did sammy shovels report as net income

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Reference no: EM131814237

Sammy's Shovels had sales of $73567 in 2010. The cost of goods sold was $ 30391 , operating expenses (excluding depreciation) were $ 15986 , interest expenses were $ 4841 , depreciation expense was $ 6303 , and dividends paid were $2620. The firm's tax rate is 23 percent. What did Sammy's Shovels report as net income (or, net profit) in 2010.

Reference no: EM131814237

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