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Business, 01.09.2021 01:10 barnhill6515

Calculate the EBIT (Earnings before Interest and Taxes) for a firm with $2 million total revenues (sales), $1,480,000 COGS (Cost of Goods Sold includes Selling and Administrative Expenses, but not depreciation in this problem), $400,000 depreciation expense, $100,000 interest expense, and a 25 percent marginal tax rate.

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Calculate the EBIT (Earnings before Interest and Taxes) for a firm with $2 million total revenues (s...
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