9. Publicly owned corporation is: A corporation that is owned by a relatively large number of individuals who are not actively involved in the firm's management A corporation that is owned by a relatively large number of individuals who are actively involved in the firm's management A corporation that is owned by a few individuals who are typically associated with the firm's management A corporation that is owned by a few individuals who are not associated with the firm's management None of the above 10. If EBIT equals $100,000 and interest expenses equals $30,000 and Tax rate is 50%. What is the net income of the company. $ 45,000 O $ 70,000 O $ 25,000 $ $ 35,000 None of the above