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Iris Income Statement Cost of Goods Sold 340 Depreciation Expense 35 Interest Expense 20 Operating Expense (excluding depreciation) 115 Sales 690 What was Iris Inc.s

Iris Income Statement

Cost of Goods Sold

340

Depreciation Expense

35

Interest Expense

20

Operating Expense (excluding depreciation)

115

Sales

690

What was Iris Inc.s earnings before interest and

taxes (EBIT)?

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