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Consider the following income statement and answer the question below. 2 0 1 5 2 0 1 6 Revenue 5 0 0 0 0 5
Consider the following income statement and answer the question below.
Revenue
COGS
SG&A
EBIT
Interest expense
Income before tax
Income taxes
Earnings
Forecast EBIT in using the percentage of sales method and choose the correct answer:
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