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Question 47 Rao Construction recently reported $20.00 million of sale, 512 60 million of operating costs other than depreciation, and $3.00 million of depreciation. It

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Question 47 Rao Construction recently reported $20.00 million of sale, 512 60 million of operating costs other than depreciation, and $3.00 million of depreciation. It had $850 million of bonds outstanding that Carry 70% interest rate, and its federal-plus-state income tax rate was 40%. What was Rao's operating income, EBIT in millions? Oa5331 5427 OC 5440 5356 O $383

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