XYZ Co has disclosed the following financial information for the period ending 12/31/19: sales of...
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Finance
XYZ Co has disclosed the following financial information for the period ending 12/31/19: sales of $1,512,599, cost of goods sold of $819,925, depreciation expenses of $100,209, and interest expenses of $80,464. Assume that the firm has an average tax rate of 35 percent. What is the company's net income? ( Please round your answer for the Tax and Net income line to the whole number, for example 5. )
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