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Please use TI BAII Plus Calculator and show how you get the answer with it. The We MakeGreatBurritos Company had Earnings before Interest and taxes
Please use TI BAII Plus Calculator and show how you get the answer with it.
The We MakeGreatBurritos Company had Earnings before Interest and taxes (EBIT or "operating profit") of $300,000 and net income of $222,780. If the tax rate is 21%, what was the interest expense for the year? Hint: Work upwards from net income, the "bottom line" of the income statement. Show all work for full creditStep by Step Solution
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