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A firm has EBIT of $500,000, interest expenses of $300,000, and a cooperate tax rate of 35%. What is its net income? What would its
A firm has EBIT of $500,000, interest expenses of $300,000, and a cooperate tax rate of 35%.
- What is its net income?
- What would its net income be if it did not have any debt (and, consequently, no interest expense)?
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Mathematics For Business
Authors: Stanley A Salzman, Charles D Miller, Gary Clendenen
8th Edition
0321357434, 9780321357434
