514500 5128.00 SI 50.000 QUESTION 32 Kitto Electronics Data Kitto Electronics expects an EBIT of $200,000 for Year 1. EBIT is expected to grow at 6% thereafter. The tax rate is 23%. In order to appon growth. W.mo must reinvest 20% of its EBIT in net operating assets. Kitto has $300,000 in 8% debt outstanding, and a similar company with no debt has a cost of equity of 1196 Refer to data for Kitto Electronics. Using the compressed adjusted present value model, what is the value of Kitte's tax shield? a $120,000 b. S114,000 c. $108,300 d. $102.885 e. $97,741 QUESTION 33 Which of the following statements is NOT correct? Testamennintamatta vanhana ninash the firmware haliathalin arinad k Save and Submit to save and submit. Click Save All Answers to save all answers