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Sales $200,000 Debt 95,000 Dividends 5,000 Equity 40,000 Interest rate 7% Net income 16,000 Tax rate 30% How do you solve for the EBIT?

Sales $200,000

Debt 95,000

Dividends 5,000

Equity 40,000

Interest rate 7%

Net income 16,000

Tax rate 30%

How do you solve for the EBIT?

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