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Question 13 (3 points) A firm has $800,000 of debt outstanding and it pays an annual interest rate of 6%. Its annual sales are $1,200,000

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Question 13 (3 points) A firm has $800,000 of debt outstanding and it pays an annual interest rate of 6%. Its annual sales are $1,200,000 and it tax rate is 40%. Its net profit margin is 27%. The firm does not issue preferred stock. What is the firm's interest expens (IE)? What is the firm's net income (NI)? What is the firm's earnings before taxes (EBT)? a b Od IE - 548,000 and NI - $240,000 and EBT = 5400,000 IE - 548,000 and NI - $324,000 and EBT - $810,000 IE - 5480,000 and NI - 5324,000 and EBT - $352,000 IE - $48,000 and NI - $324,000 and EBT - $540,000

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