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What is its net income

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Question - BooHoo, Inc. has operating income (EBIT or Earnings before Interest and Taxes) of $6,500,000. The company's depreciation expense is $2,550,000, its interest expense is $3,110,000, and its income tax rate is 45% (tax expense=Earnings before Taxes or EBT*the tax rate). What is its net income?

Reference no: EM133170539

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