Calculate EBIT using the below information total assets = 100000 $ profit margin = 6% tax rate
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Question:
total assets = 100000 $
profit margin = 6%
tax rate = 35%
debt ratio = 30%
interest rate = 10%
total assets turnover = 4
Related Book For
Financial Accounting: A Business Process Approach
ISBN: 978-0136115274
3rd edition
Authors: Jane L. Reimers
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