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Atlantic Lobster Farms Inc. had sales of $800,000, cost of goods sold of $350,000, selling and administrative expenses of $70,000, interest expenses, and an EBIT

Atlantic Lobster Farms Inc. had sales of $800,000, cost of goods sold of $350,000, selling and administrative expenses of $70,000, interest expenses, and an EBIT of $150,000. What was the value of amo...

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