MC algo 2-44 Calculating EBIT Smashed Pumpkins Company paid $152 in dividends and $582 in interest over the past year. The company increased retained earnings by $486 and had accounts payable of $618. Sales for the year were $16,335 and depreciation was $728. The tax rate was 21 percent. What was the company's EBIT? Multiple Choice $1,366 $1,029 $6,207 $1,390 $1,882

Smoshed Pumpkins Company paid $152 in dividends and $582 in inserest over the post year. The company increosed retoined earnings by $496 and hod accounts payable of $618 Sales for the yeor were $16,335 and depreciotion wos $728 The tax rote wos 21 percent. What was the compony's EBT? Musple Chaice. 51366 $1020 $6207