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1. Firm Bhas an EBIT of $2.4 million. Total capital is 550 million and the capital structure is composed of 40% debt and 60% equity.

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1. Firm Bhas an EBIT of $2.4 million. Total capital is 550 million and the capital structure is composed of 40% debt and 60% equity. If the firm's tax rate is 30% and the cost of the firm's debt is 4.5%. what is the Net Income of Firm B? Selected Answer: o $105 Answers: o $780 O 51050 5105 5735

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