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Questions 18, 19, and 20 will be based on the following income statement: Sales/Revenue $15,400,000 Costs of Goods Sold $3,850,000 SG&A $2,130,000 Depreciation $3,210,000 Interest

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Questions 18, 19, and 20 will be based on the following income statement: Sales/Revenue $15,400,000 Costs of Goods Sold $3,850,000 SG&A $2,130,000 Depreciation $3,210,000 Interest Expenses $420,000 Tax Rate 19% Dividend Payments $960,000 What was this firm's Operating Income (EBIT)? O $6,210,000 $7,430,000 O $6,320,000 $5,700,000

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