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C. F. Lee Inc. has the following income statement. How much after-tax operating income does the firm have? Sales $3,100.00 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 $3,100.00 Costs 1,850.00 Depreciation 192.00 EBIT $1,058.00 Interest expense 285.00 EBT $773.00 Taxes (25%) 193.25 Net income $579.75 $603.06 $793.50 $658.61 O $626.87 O $841.11
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