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Dharma Supply has earnings before interest and taxes(EBIT) of $552,000, interest expenses of $340,000, and faces a corporate tax rate of 34%. a. What is

Dharma Supply has earnings before interest and taxes(EBIT) of $552,000, interest expenses of $340,000, and faces a corporate tax rate of 34%.

a. What is Dharma Supplys net income?

b. What would Dharmas net income be if it didnt have any debt(and consequently no interest expense)?

c. What are the firms interest tax savings?

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