Wilma’s Widgets had net sales of $ 27,869,700 in 2010. The cost of goods sold was $ 10,533,600…


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Wilma’s Widgets had net sales of $ 27,869,700 in 2010. The cost of goods sold was $ 10,533,600… 1 answer below ยป Wilma’s Widgets had net sales of $ 27,869,700 in 2010. The cost of goods sold was $ 10,533,600 , operating expenses (excluding depreciation) were $ 2,336,210 , interest expenses were $ 976,972 , depreciation expense was $ 1,944,100 , and dividends paid were $ 388,999 . The firm’s tax rate is 35 percent. What did Wilma’s Widgets report as earnings before interest and taxes (i.e., operating profit) in 2010? Jan 28 2016 01:57 AM

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