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Company A has a net income of $ 4 0 , 0 0 0 and has a tax rate of 3 0 % . Its

Company A has a net income of $40,000 and has a tax rate of 30%. Its interest expense is $8,000 and interest income is $4,000. The company has depreciation and amortization which is included in COGS and SG&A of $4,000. Please calculate EBIT of Company A.

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