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What is the ebit for company

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Reference no: EM132994613

Problem 1: A company has generated 20 million SGD sales in a year, and has incurred raw material and various operating and administrative costs of 16 million. It has fixed assets worth 5 million, to be amortized over 10 years. Its EBIT is

Group of answer choices

Option 1: 4 million

Option 2: It depends on exceptional items

Option 3: 3.5 million

Option 4: It depends on the tax rate

Reference no: EM132994613

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