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Business, 18.09.2019 06:00 freedygotmoney

Last year almazan software reported $10.50 million of sales, $6.25 million of operating costs other than depreciation, and $1.30 million of depreciation. the company had $5.00 million of bonds that carry a 6.5% interest rate, and its federal-plus-state income tax rate was 35%. this year's data are expected to remain unchanged except for one item, depreciation, which is expected to increase by $0.64 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 $10.50 million of sales, $6.25 million of operating costs other...
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