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3. Company A has net income of 15,000 and has a tax rate of 40%. Its interest expense is $4,000 and interest income is $2,000.

image text in transcribed 3. Company A has net income of 15,000 and has a tax rate of 40%. Its interest expense is $4,000 and interest income is $2,000. Please calculate EBIT or operating income of Company A? You will have to go backwards from net income to get to EBITDAimage text in transcribed

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