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Assume that revenue is $42,000, cost of goods sold is $18,000, other expenses (from selling and administration) are $6,000, and depreciation is $1,000. What is
Assume that revenue is $42,000, cost of goods sold is $18,000, other expenses (from selling and administration) are $6,000, and depreciation is $1,000. What is the EBIT? Group of answer choices
$15,000
$17,000
$18,000
$16,000
$19,000
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