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Question: billys exterminators inc has sales revenue of 743000 fixed and...

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Billy’s Exterminators, Inc., has sales revenue of $743,000, fixed and variable costs of $294,000, depreciation expense of $46,000, interest expense of $33,000, and an (effective) tax rate of 35 percent.

What is the net income for this firm? (I tried $24,500 & it was incorrect.)

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