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(TRUE or FALSE?) When interest expense is subtracted from EBIT, the result is EBT, or earnings before taxes. True False Question 4 1 pts (TRUE

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(TRUE or FALSE?) When interest expense is subtracted from EBIT, the result is EBT, or earnings before taxes. True False Question 4 1 pts (TRUE or FALSE?) If common stock dividends are not paid, the firm is typically required to pay dividends that have been skipped in the past before they can pay dividends to preferred stockholders. True False

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