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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

  1. 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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