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EBIT is $12,000 and interest expense is $3,000. If the tax rate is 20%, what is the net income? OA. $4,200 OB. $7,200 C. $3,800

EBIT is $12,000 and interest expense is $3,000. If the tax rate is 20%, what is the net income? OA. $4,200 OB. $7,200 C. $3,800 OD. $9,400 EBIT is $12,000 and interest expense is $3,000. If the tax rate is 20%, what is the net income? OA. $4,200 OB. $7,200 C. $3,800 OD. $9,400

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