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A firm has net sales of $13,500,000, Cost of Goods Sold $8,000,000, Depreciation Expense of $1,200,000, Selling and Administrative Expenses of $2,250,000, Interest Expense of

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A firm has net sales of $13,500,000, Cost of Goods Sold $8,000,000, Depreciation Expense of $1,200,000, Selling and Administrative Expenses of $2,250,000, Interest Expense of $700,000, and an average tax rate of 20%

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