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Lavedere Company recently reported S17,000 of sales, S8,250 of operating costs other than depreciation, and S1,750 of depreciation. It had $9,000 of bonds outstanding that
Lavedere Company recently reported S17,000 of sales, S8,250 of operating costs other than depreciation, and S1,750 of depreciation. It had $9,000 of bonds outstanding that carry a 7.0% interest rate, and its federal-plus-state income tax rate was 40%. How much was the firm's earnings before taxes (EBT)? Oa $6,370 Ob.$5,287 C $7,071 Od $7,453 e. $6,052
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