Question
A firm has EBIT of $786,900.00. Assume that the firm will pay $258,600.00 in interest in the upcoming year. The firm has a corporate tax
A firm has EBIT of $786,900.00. Assume that the firm will pay $258,600.00 in interest in the upcoming year. The firm has a corporate tax rate of 39.00%. The firm has 124,000.00 common shares outstanding.
What is the net income for the firm?
Answer Format: Currency: Round to: 2 decimal places.
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Management Science The Art Of Modeling With Spreadsheets
Authors: Stephen G. Powell, Kenneth R. Baker
3rd Edition
0470530677, 978-0470530672
