{"id":586,"date":"2017-11-03T20:04:08","date_gmt":"2017-11-03T14:04:08","guid":{"rendered":"https:\/\/mcqacademy.com\/en\/mcq\/andres-bakery-has-sales-of-687000-with-costs-of-the-net-income\/"},"modified":"2017-11-03T20:04:08","modified_gmt":"2017-11-03T14:04:08","slug":"andres-bakery-has-sales-of-687000-with-costs-of-the-net-income","status":"publish","type":"mcq","link":"https:\/\/mcqacademy.com\/en\/mcq\/andres-bakery-has-sales-of-687000-with-costs-of-the-net-income\/","title":{"rendered":"Andre&#8217;s Bakery has sales of $687,000 with costs of &#8230;.the net income?"},"content":{"rendered":"<p>Andre&#8217;s Bakery has sales of $687,000 with costs of $492,000. Interest expense is $26,000 and depreciation is $42,000. The tax rate is 35 percent. What is the net income?<\/p>\n","protected":false},"author":34,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","topic":[69],"subject":[7],"class_list":["post-586","mcq","type-mcq","status-publish","hentry","topic-financial-statements-taxes-and-cash-flow","subject-corporate-finance"],"mcq_note":"Andre's Bakery has sales of $687,000 with costs of $492,000. Interest expense is $26,000 and depreciation is $42,000. The tax rate is 35 percent. The net income is\u00a0$82,550.","mcq_options":[{"right":"no","answer":"$42,750 "},{"right":"no","answer":"$44,450 "},{"right":"yes","answer":"$82,550 "},{"right":"no","answer":"$86,450 "}],"multi_answers":"no","subject_terms":[{"id":7,"title":"Corporate Finance","slug":"corporate-finance"}],"topic_terms":[{"id":69,"title":"Financial Statements, Taxes, and Cash Flow","slug":"financial-statements-taxes-and-cash-flow"}],"_links":{"self":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/mcq\/586","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/mcq"}],"about":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/types\/mcq"}],"author":[{"embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/comments?post=586"}],"wp:attachment":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/media?parent=586"}],"wp:term":[{"taxonomy":"topic","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/topic?post=586"},{"taxonomy":"subject","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/subject?post=586"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}