QUESTION 6 From the following table calculate net income after tax for 2016? Amount ($) Description Year 2016 500,000 Sales 300,000 Cost of goods sold 65,000 Depreciation 15,000 Interest expense...

QUESTION 6<br>From the following table calculate net income after tax for 2016?<br>Amount ($)<br>Description<br>Year 2016<br>500,000<br>Sales<br>300,000<br>Cost of goods sold<br>65,000<br>Depreciation<br>15,000<br>Interest expense<br>Selling and administrative expenses<br>55,000<br>Equity (at the beginning of 2016)<br>197,250<br>30%<br>Tax rate<br>Dividends payout<br>50%<br>$65,000<br>$19,500<br>$45,500<br>$80,000<br>Click Save and Submit to save and submit. Click Save Al Answers to save all answe<br>search<br>

Extracted text: QUESTION 6 From the following table calculate net income after tax for 2016? Amount ($) Description Year 2016 500,000 Sales 300,000 Cost of goods sold 65,000 Depreciation 15,000 Interest expense Selling and administrative expenses 55,000 Equity (at the beginning of 2016) 197,250 30% Tax rate Dividends payout 50% $65,000 $19,500 $45,500 $80,000 Click Save and Submit to save and submit. Click Save Al Answers to save all answe search

Jun 11, 2022

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QUESTION 6 From the following table calculate net income after tax for 2016? Amount ($) Description Year 2016 500,000 Sales 300,000 Cost of goods sold 65,000 Depreciation 15,000 Interest expense...

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