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Firm As interest expense = $30,000, income tax rate = 40%, Its EBIT = $126,000. Its net income =? A) $125,000 B) $56,000 C) $57,600
Firm As interest expense = $30,000, income tax rate = 40%, Its EBIT = $126,000. Its net income =?
A) $125,000 B) $56,000 C) $57,600 D) $94,000
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