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RJS Foods reported that its net income last year was $ 65.000 . Financial expenses of the company for interest were $ 40,000 and marginal
RJS Foods reported that its net income last year was $ 65.000 . Financial expenses of the company for interest were $ 40,000 and marginal tax rate of 35 %. Based on the balance sheet of the company, invested capital is $ 800.000 . Calculate the operating profit (EBIT ) it generated RJS Foods last year. Step by Step Solution
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Microeconomics: An Intuitive Approach With Calculus
Authors: Thomas Nechyba
2nd Edition
1305650468, 978-1305650466
