Question
Calculate EBIT using the below information total assets = 100000 $ profit margin = 6% tax rate = 35% debt ratio = 30% interest rate
total assets = 100000 $
profit margin = 6%
tax rate = 35%
debt ratio = 30%
interest rate = 10%
total assets turnover = 4
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Financial Accounting: A Business Process Approach
Authors: Jane L. Reimers
3rd edition
978-013611539, 136115276, 013611539X, 978-0136115274
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