As with other income statement numbers, Earnings Before Interest and Taxes (EBIT) is expressed as the percentage
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As with other income statement numbers, Earnings Before Interest and Taxes (EBIT) is expressed as the percentage of sales revenue.
This gives the EBIT margin. Calculate it for Chico Company.
Enter the numerator and denominator of the EBIT margin ratio on Line 7 of Exhibit 14.
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