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4 Points - Christie Corp had Net income of $5 million and paid $300,000 in interest and $1 million in taxes: The tax rate is
4 Points - Christie Corp had Net income of $5 million and paid $300,000 in interest and $1 million in taxes: The tax rate is 25%. It has a cost of capital of 10%. Invested capital is $36 million. What is Chnstie Corp's economic value added? 4. Points - Cookie Cobbler has an avorage tax rate of 28% and a marginal tax rate of 31%. Cooko has already eamed $463,000 pre-tax income so far this year. Cookie has the opportunity to earn another $85,000 in pretax income betore the year ends. If Cookie takes thes opportunity to eam additional income, what would be the dollar amount of taxes due at the end of the year? "Round percentage to 2 decimal places
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