Question: How do I solve to get EBIT? I know this is basic algebra but I just don't understand. Please explain how these can possibly equate
How do I solve to get EBIT? I know this is basic algebra but I just don't understand. Please explain how these can possibly equate (question is setup like this to find EBIT indifference level).
(EBIT - 0) (.66) / 90,000 = (EBIT - 126,500) (.66) / 45000
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