Business, 05.10.2019 03:20, anaishindsp07emm
Last year almazan software reported $10.500 million of sales, $6.250 million of operating costs other than depreciation, and $1.300 million of depreciation. the company had $5.000 million of bonds that carry a 6.5% interest rate, and its federal-plus-state income tax rate was 25%. this year's data are expected to remain unchanged except for one item, depreciation, which is expected to increase by $0.670 million. by how much will net income change as a result of the change in depreciation? the company uses the same depreciation calculations for tax and stockholder reporting purposes. (round your final answer to 3 decimal places.)
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Last year almazan software reported $10.500 million of sales, $6.250 million of operating costs othe...
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