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The ABC Inc. paid $420 in dividends and $611 in interest expense. The addition to retained earnings is $272.34 and net new equity is $750.
The ABC Inc. paid $420 in dividends and $611 in interest expense. The addition to retained earnings is $272.34 and net new equity is $750. The tax rate is 34%. Sales are $6,250 and depreciation is $710. What are the earnings before interest and taxes? O a. $1,780.82 O b. $1,582.16 O c. $1,660.00 O d. $1,576.67 O e. $1,850.00
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