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Determine what is the firm ebit

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Reference no: EM132704988

An organisation provides you a number of items from their Profit and Loss Statement:

Income tax = $2,500,400
Operating expenses = $6,005,200
COGS = $17,850,720
Interest Expense = $1,706,000
Sales = $36,000,000

Problem 1: Based on the above figures, what is the firm's EBIT?

Select one:

a. $28,119,800

b. $12,144,080

c. $10,800,000

d. $18,149,280

e. $7,937,680

Reference no: EM132704988

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