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A company recently reported $15,876,000 of net income. Its EBIT was $33,868,800, and its tax rate was 40.0%. What was its taxable income (EBT)? $26,460,000
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A company recently reported $15,876,000 of net income. Its EBIT was $33,868,800, and its tax rate was 40.0%. What was its taxable income (EBT)?
$26,460,000
$35,811,000
$17,084,000
$33,045,000
$22,899,000
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