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Problem 1: For the following, calculate the company's net income (EAT) (use only what data you need): Sales = 2,000. Income tax rate = 50%. COGS = 10% of sales. SG&A expense = 100. Interest expense = 50. Dividend payout ratio = 25%.
Group of answer choices
Option 1: 825.00
Option 2: 309.37
Option 3: 850.00
Option 4: 412.50
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