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You have the following information from your company's accounting statements: Sales: $7.3m Operating costs (excluding Depreciation): $6.0m Depreciation: $0.8m Tax Rate: 40% What is your

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You have the following information from your company's accounting statements: Sales: $7.3m Operating costs (excluding Depreciation): $6.0m Depreciation: $0.8m Tax Rate: 40% What is your company's Operating Income (also called EBIT)? A. $0.5m B. $1.3m C. None of these are correct D. $0.3m

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