anvas X XCO > Question 8 Palmetto has the following income statement. How much after-tax operating income does the firm have? Sales Costs Depreciation EBIT Interest expense EBT Taxes (40%) Net income $2,250 1,400 250 $ 600 70 $ 530 212 $ 318 $360 $325 $378 $342 Question 9 Your corporation has a marginal tax rate of 35% and has purchased preferred stock in another company. The dividend yield on the preferred stockis 12 What is the company's ter tax return on the preferred, assum