Question: MC algo 2 - 4 4 Calculating EBIT Smashed Pumpkins Company paid $ 2 2 4 in dividends and $ 6 4 5 in interest

MC algo 2-44 Calculating EBIT
Smashed Pumpkins Company paid $224 in dividends and $645 in interest over the past year. The company increased retained earnings by $540 and had accounts payable of $726. Sales for the year were $16,650 and depreciation was $764. The tax rate was 23 percent. What was the company's EBIT?
Multiple Choice
$1,637
$3,830
$1,908
$1,346
$992
 MC algo 2-44 Calculating EBIT Smashed Pumpkins Company paid $224 in

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