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Kwok Enterprises has the following income statement. How much after-tax operating income does the firm have? Sales $2,250 Costs 1,400 Depreciation 250 EBIT $ 600

Kwok Enterprises has the following income statement. How much after-tax operating income does the firm have?

Sales

$2,250

Costs

1,400

Depreciation

250

EBIT

$ 600

Interest expense

70

EBT

$ 530

Taxes (40%)

212

Net income

$ 318

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