Question: He should not take out the interest in this calculation. I checked with the formula that UNI = EBIT ( 1 - tax rate )

He should not take out the interest in this calculation. I checked with the formula that UNI = EBIT (1- tax rate) and this case we should have UNI =2000*(1-.035)=$ 1300- This is the correct answer. please may you verify it. Thank you

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