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Pharrell, Inc., has sales of $500,000, costs of $250,000, depreciation expense of $60,000, interest expense...

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Finance

Pharrell, Inc., has sales of $500,000, costs of $250,000, depreciation expense of $60,000, interest expense of $30,000, and a tax rate of 40 percent. The firm paid out $45,000 in cash dividends. Its Net Income is $___ thousand.

78

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102

96

90

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