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Find the EBIT for ABC firm with $6 million total revenues, $3.5 million cost of goods sold, $500,000 depreciation expense, and $100,000 interest expense. A

Find the EBIT for ABC firm with $6 million total revenues, $3.5 million cost of goods sold, $500,000 depreciation expense, and $100,000 interest expense.

A

$1 million

B

$2 million

C

$3 million

D

$4 million

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