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Bitter, Inc.'s income statement included $100,000 of revenues; $60,000 of cost of goods sold; $20,000 of other operating expenses (which includes $10,000 of depreciation); $1,000
Bitter, Inc.'s income statement included $100,000 of revenues; $60,000 of cost of goods sold; $20,000 of other operating expenses (which includes $10,000 of depreciation); $1,000 of interest expense; and $6,000 of income tax expense. EBITDA equals $
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