Suppose ningbo steel had sales revenue of $10,000 sales revenue, cost of goods sold of $5,000, operating expenses of $3000, interest expense of $1,000, a tax rate of 20%, and 1,000 shares of common stock outstanding. based on this information, net profit after tax was:

Net Profit after tax was $800

Explanation:

To calculate the Net Profit you don't need the 1.000 shares of common stock outstanding.

The Net Income it's detailed bellow:

$10.000    Sales

$-5.000    Cost of Goods

$-3.000    Operating Expenses

$-1.000  Interest Expenses

$1.000   Earnings Before Taxes

$-200     20% of tax rate

$800  

the answer to this question would be shared investment

the answer is true.  i do believe this is the answer because of the amount of wrecks people get into each year.  if you double this with avoiding those so said wrecks, that would make you a "skilled" driver.