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Pendant Publishing recently reported $5,070,642 in sales, $3.528,000 In cost of goods sold, $719,988 in other operating expenses, and $18,900 In depreciation. It had an
Pendant Publishing recently reported $5,070,642 in sales, $3.528,000 In cost of goods sold, $719,988 in other operating expenses, and $18,900 In depreciation. It had an
interest expense of $43,828 and its federal-plus-state income tax rate was 40%. What was Pendant Publishings EBIT?
A. $803.754
B. $822.654
C. $759,926
D. 455,956
E.303.970
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