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A firm's income statement included the following data. The firm's average tax rate was 2 5 % . A firm's income statement included the following

A firm's income statement included the following data. The firm's average tax rate was 25%.
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A firm's income statement included the following data. The firm's average tax rate was 25%. 10 points eBook Hint Print References Cost of goods sold Income taxes paid Administrative expenses Interest expense Depreciation $ 9,700 $ 3,700 $ 4, 700 $ 2, 700 $ 2,700 a. What was the firm's net income? b. What must have been the firm's revenues? c. What was EBIT? a. Net income b. Revenues c. EBIT

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