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04-01-2024
Business

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Below are the two most recent balance sheets and the most recent income statement for Orca Industries. The company has an effective tax rate of 30%.

a) What is the net income for Orca Industries after considering the effective tax rate?
b) Calculate the total assets based on the given balance sheets.
c) Determine the equity of Orca Industries.
d) Find the gross profit from the income statement.

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