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C. F. Lee Inc. has the following income statement. How much after-tax operating income does the firm have? Sales $3,400.00 Costs 1,850.00 Depreciation 192.00 EBIT
C. F. Lee Inc. has the following income statement. How much after-tax operating income does the firm have?
| Sales | $3,400.00 |
| Costs | 1,850.00 |
| Depreciation | 192.00 |
| EBIT | $1,358.00 |
| Interest expense | 285.00 |
| EBT | $1,073.00 |
| Taxes (25%) | 268.25 |
| Net income | $804.75
|
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Principles Of Housing Finance Reform
Authors: Susan M. Wachter, Joseph Tracy
1st Edition
0812248627, 978-0812248623
