Question: Help with both problems please formulas of how to do it Afirm's operating profit margin is 20% with an EBIT of $1.5 millon and sales

Help with both problems please formulas of how to do it

Afirm's operating profit margin is 20% with an EBIT of $1.5 millon and sales of S5 mton If it has no debt, how much did the firm pay in taxes? Multiple Choice $50,000 300,000 $350.000 $500,000

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