What is the firm ebit for wireless headphones

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Problem 1: A manufacturer of wireless headphones has revenues $559,000, operating expenses totalling $199,000, cost of sales equal to $120,000, interest costs of $48,000, and faces a 35% tax rate. What is the firm's EBIT?

Select one:

a. $439000

b. $124800

c. $192000

d. $240000

Reference no: EM132616499

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