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The Williams Corporation has an EBIT of $700,000. There are interest charges of $200,000. Profit margin is 10% and the tax rate is 22%. Cost

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The Williams Corporation has an EBIT of $700,000. There are interest charges of $200,000. Profit margin is 10% and the tax rate is 22%. Cost of Goods Sold (COGS) is $2.2 million. Depreciation expense is $0. Create an income statement. Sales Net Income

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