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indicate the single best answer for each question. There are 25 questions, so each Jon has a 4-point value Question 1 4 pts Minion Industries
indicate the single best answer for each question. There are 25 questions, so each Jon has a 4-point value Question 1 4 pts Minion Industries has decided to use the alternate straight-line depreciation methodology rather than bonus depreciation Calculate the EBIT Earnings before Interest and Taxes) for Minion. The firm has 53,500,000 in total revenues sales. COGS is $2.688.000 Cest of Goods Sold includes Selling and Administrative Expenses, but not depreciation in this problem, $500.000 in depreciation expense. $175,000 in interest expense, and a 25 percent marginal tax rate. 5312.000 $137.000 $ 34,000 5 100.000 $172.000
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