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Marionette, Inc. had sales revenues of $34.5 million for the year. Costs other than depreciation, interest, and taxes were 37% of sales. Depreciation expense was

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Marionette, Inc. had sales revenues of $34.5 million for the year. Costs other than depreciation, interest, and taxes were 37% of sales. Depreciation expense was $3 million and interest expense was $2.5 million. The average corporate tax rate was 40%. Which of the following statements is most FALSE? ubivibni neswedb olunoninismo a. The firm's EBT was $16,235,000 DENDS PAID b. The firm's EBIT was $18,735,000 noon sublvibnl C. The firm's net cash flow was $12,741,000 eriod, they are all o car d. The firm's net income was $9,741,000 aboodloo Hun t e. The firm's operating cash flow was $14,725,000 to anoo 1997 n opol bled sw teses Bloco

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