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xyz inc recently reported $20,000 of sales, $9,000 of operation cost other than depreciation, and $2,000 of depreciation. It had $6,000 of bonds outstanding that
xyz inc recently reported $20,000 of sales, $9,000 of operation cost other than depreciation, and $2,000 of depreciation. It had $6,000 of bonds outstanding that caryy a 9% interest rate and its federal-plus-state income tax rate was 21%. How much was the firms earnings before taxes (EBT)
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