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The Beetroot Corporation reported $167.55 of net profit. Its operating income was $508.40. The applicable corporate tax rate was 25%. What was the pre-tax income
The Beetroot Corporation reported $167.55 of net profit. Its operating income was $508.40. The applicable corporate tax rate was 25%. What was the pre-tax income for the company?
Select one:
a. $285.00
b. $223.40
c. $340.85
d. $55.85
The Beetroot Corporation reported $167.55 of net profit. Its operating income was $508.40. The applicable corporate tax rate was 25%. What was the interest expense for the company?
Select one:
a. $223.40
b. $340.85
c. $285.00
d. $55.85
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