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A firm's income statement included the following data. I he firm's average tax rate was 3 5 % . ( Round each step to the
A firm's income statement included the following data. I he firm's average tax rate was
Round each step to the nearest dollar.
a What was the firm's net income?
Net income
$
b What must have been the firm's revenues?
Revenues
$
c What was EBIT?
FRIT
$:
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