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24. Calculate the EBIT for a rm with $4 million total revenues, $3.5 million cost of goods sold, $500,000 depreciation expense, and $120,000 interest expense.

24. Calculate the EBIT for a rm with $4 million total revenues, $3.5 million cost of goods sold, $500,000 depreciation expense, and $120,000 interest expense. A. $500.00 0 B. $380.00 0 C. $ 0 D. ($120,00 0)

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