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The Fitness Studio, Incorporated s income statement lists the following income and expenses: EBITDA = $ 9 3 5 , 0 0 0 , EBIT

The Fitness Studio, Incorporateds income statement lists the following income and expenses: EBITDA = $935,000, EBIT = $776,500, interest expense = $112,000, and taxes = $232,575. The firm has no preferred stock outstanding and 100,000 shares of common stock outstanding.

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