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Assume sales = 120,000, total operating cost = 50,000, depreciation = 10,000, tax rate = 30%, interest expense = 30,000, and capital expenditure, total invested

Assume sales = 120,000, total operating cost = 50,000, depreciation = 10,000, tax rate = 30%, interest expense = 30,000, and capital expenditure, total invested capital = 500,000 and cost of capital is 8%

find:

a) EBIT

b) EBT

c) Tax Paid

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