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Problem 3 - 4 Income Statement ( LO 1 ) A firm's income statement included the following data. The firm's average tax rate was 2

Problem 3-4 Income Statement (LO1)
A firm's income statement included the following data. The firm's average tax rate was 20%.
a. What was the firm's net income?
b. What must have been the firm's revenues?
c. What was EBIT?
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