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the s&h construction company expects to have a total sales next year totaling $15,000,000. in addition, the firm pays taxes at 35% and will owe $300,000 in interest expense. based on last year's operations the firm's management predicts that its cost of goods sold will be 60% of the sales and operating expenses will total 30%. what is your estimate of the firm's net income (after taxes) for the coming year?

Sagot :

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