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Last year, Kaylor Equipment had $15,900 of sales, $500 of net equity, dividend payments of $75, an addition to retained earnings of $418, depreciation of
Last year, Kaylor Equipment had $15,900 of sales, $500 of net equity, dividend payments of $75, an addition to retained earnings of $418, depreciation of $680, and $511of interest expense. what are the earnings before interest and taxes at a tax rate of 21 percent.
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