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A firm has a net profits after taxes of $70,200, a 40% tax rate, a 10% interest rate, and a 10 times interest earned ratio.
A firm has a net profits after taxes of $70,200, a 40% tax rate, a 10% interest rate, and a 10 times interest earned ratio. Based on the given information, the firm earnings before interest and taxes equals? a. $130,000 b. $120,000 CC. $110,000 d. $100,000
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Foundations Of Personal Finance
Authors: Sally R. Campbell, Robert L. Dansby
9th Edition
1619603578, 9781619603578
