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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

35 % . (

Round each step to the nearest dollar.

)

.

What was the firm's net income?

Net income

.

What must have been the firm's revenues?

Revenues

.

What was EBIT?

FRIT

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