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A firm has EBIT of $904,500.00. Assume that the firm will pay $280,520.00 in interest in the upcoming year. The firm has a corporate tax
A firm has EBIT of $904,500.00. Assume that the firm will pay $280,520.00 in interest in the upcoming year. The firm has a corporate tax rate of 36.00%. The firm has 123,000.00 common shares outstanding. What is the net income for the firm?
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