Moose Industries has a corporate tax rate of 2 5 % . Last year the company realized

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Question:

Moose Industries has a corporate tax rate of

25 % .

Last year the company realized $

14, 000, 000

in operating income

(

EBIT

) .

Its annual interest expense is $

1, 500, 000 .

What was the company's net income for the year?

.

12, 500, 000

.

11, 625, 000

.

10, 500, 000

.

3, 125, 000

.

9, 375, 000

Posted Date: May 18, 2024 08:02 PM

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Moose Industries has a corporate tax rate of 2 5 % . Last year the company realized

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