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Smashed Pumpkins Company paid $112 in dividends and $547 in interest over the past year. The company increased retained earnings by $456 and had accounts
Smashed Pumpkins Company paid $112 in dividends and $547 in interest over the past year. The company increased retained earnings by $456 and had accounts payable of $558. Sales for the year were $16,160 and depreciation was $708. The tax rate was 38 percent. What was the company's EBIT? Multiple Choice $916 $6,141 $1,463 $1,734 $1,282
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