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What is the company net income

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Question - Income statement - The Oakland Mills Company has disclosed the following financial information in its annual reports for the period ending March 31, 2011; sales of $1.45 million, cost of goods sold of $812,500, depreciation expenses of $175,000, and interest expenses of $89,575. Assume that the firm has a tax rate of 35 percent. What is the company's net income?

Reference no: EM133102076

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