In: Economics
Revenues = 1,080; Costs = 306; Tax rate = 0.26; Interest Expense = 51; Net Income = 288;
What is the amount of Depreciation? Enter value to the nearest penny.
Answer:
According to the question,
Revenues | 1,080 |
Costs | 306 |
Tax Rate | 0.26 |
Interest Expense | 51 |
Net Income | 288 |
Let the amount of Depreciation be x.