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Smith Bottling Company ( SBC ) expects this year's sales to be $ 5 0 0 , 0 0 0 . SBC ' s variable
Smith Bottling Company SBC expects this year's sales to be $ SBCs variable operating costs are percent of sales and its fixed operating costs are $ SBC pays interest on its debt equal to $ per year and its marginal tax rate is percent. SBC has no preferred stock.
Compute SBCs DOL, DFL and DTL Do not round intermediate calculations. Round your answers to two decimal places.
DOL:
DFL:
DTL:
If sales turn out to be $ rather than $ what will be SBCs EBIT and net income? Do not round intermediate calculations. Round your answers to the nearest dollar.
EBIT: $
Net income: $
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