Suppose Nancy Steel had sales revenue of $11,000 sales revenue, cost of goods sold of...
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Finance
Suppose Nancy Steel had sales revenue of $11,000 sales revenue, cost of goods sold of $5,000, operating expenses of $3000, interest expense of $1,000, a tax rate of 28%, and 1,000 shares of common stock outstanding. Based on this information, what is the net profit after tax? Please type your answer in the box below. 0 2,160 O 1,600 O 1,440 0 2,000 Which one of the following alternatives is commonly used to reduce agency problems as they related to corporate control? o stock options o less restrictive accountability requirements O higher salaries O larger perquisites


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