Revenues, What must have been the firm's revenues-Revenues

Revenues

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Reference no: EM13915585

A firm's income statement included the following data. The firm's average tax rate was 25%.

Cost of goods sold	$ 9,500
Income taxes paid	3,500
Administrative expenses	4,500
Interest expense	2,500
Depreciation	2,500

a. What was the firm's net income?

Net income

b. What must have been the firm's revenues?

Revenues

c. What was EBIT?

EBIT

Reference no: EM13915585

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Revenues

Reference no: EM13915585

Reference no: EM13915585

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