ABC Inc. 2018 sales are $1,100,000. Operating costs…

1. ABC Inc. 2018 sales are $1,100,000. Operating costs (excluding depreciation) are 70% of sales. Net fixed assets are $205,000. Depreciation amounted to 15% of net fixed assets. Interest expenses are $100,000. The tax bill must be calculated using the corporate income tax table in the text, and ABC Inc. paid 8% of net income in dividends.

Attachments:

BJ-Week-2-Ass….xlsx

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