What is the company net income

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Lindley Textiles recently reported 12,500 of sales, 7250 of operating costs other than depreciation, and 1,000 of depreciation. The company had no amortization charges and no non-operating income. It has 8,000 in bonds outstanding that carry a 7.5% interest rate, and its federal plust state tax rate was 40%

a. What is the company's EBIT:

b. What is the company's net income:

Reference no: EM131873497

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