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Question 14 (1 point) A firm reported the following income statement (all figures are in thousands of dollars): Net Sales 1,130 operating costs 200 depreciation
Question 14 (1 point) A firm reported the following income statement (all figures are in thousands of dollars): Net Sales 1,130 operating costs 200 depreciation & amortization 105 = Operating Income (EBIT) ? interest 10 Earnings Before Taxes (EBT) ? taxes ? = Net Income ? What is the amount of taxes the firm is charged, given that the tax rate is 15%? answer using one decimal figure. NOTE: the - and = in red have been added to serve as a hint on how to compute each item of interest. Your
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