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A firm s income statement included the following data. The firm s average tax rate was 2 0 % . Cost of goods sold $

A firms income statement included the following data. The firms average tax rate was 20%.
Cost of goods sold $ 8,400
Income taxes paid $ 2,400
Administrative expenses $ 3,400
Interest expense $ 1,400
Depreciation $ 1,400
What was the firms net income?
What must have been the firm's revenues?
What was EBIT?

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