C. F. Lee Inc. has the following income statement. How much after-tax operating income does the firm have? Sales$3,150.00Costs1,850.00Depreciation192.00EBIT$1,108.00Interest expense285.00EBT$823.00Taxes (35%)288.05Net income$534.95?
A. $583.36
B. $900.25
C. $821.03
D. $720.20
E. $835.43
Answer: D
Business
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