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Friday 12 October 2012
EBIT is $10,000 and interest expense is $4,000. If the tax rate is 30%, what is the net income?
EBIT is $10,000 and interest expense is $4,000. If the tax rate is 30%, what is the net income? 14
A) $3,800
B) $4,200
C) $5,200
D) $8,400
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