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A firm's net profit margin when ignoring the effects of financing is 20% with an EBIT of 1.55 million and sales of $5.5 million. How

A firm's net profit margin when ignoring the effects of financing is 20% with an EBIT of 1.55 million and sales of $5.5 million. How much did the firm pay in taxes? Multiple Choice $450,000 $45,000 $210,000 $355,000

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