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Bata Shoe Corporation's earnings before taxes were BDT 2000000, and earnings before interest and taxes were BDT 3200000 and preferred dividends amount equal to BOT
Bata Shoe Corporation's earnings before taxes were BDT 2000000, and earnings before interest and taxes were BDT 3200000 and preferred dividends amount equal to BOT 700000 in 2018. If the marginal tax rate was 30 percent, what was Bata Shoe Corporation's financial breakeven point in 2018? Interpret your answer and illustrate by means of a chart.
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