Question: QUESTION 7 Consider the following values from Dexter Consulting, Inc: Assets: $750,000 Interest rate: 69% Debt ratio: 42.0% Total Assets turnover: 1.18 Tax rate: 40.0%

QUESTION 7 Consider the following values from Dexter Consulting, Inc: Assets:

QUESTION 7 Consider the following values from Dexter Consulting, Inc: Assets: $750,000 Interest rate: 69% Debt ratio: 42.0% Total Assets turnover: 1.18 Tax rate: 40.0% Profit margin: 22% Calculate the EBIT. O a. None of the other statements is correct. b. $293,900 O c. $343,970 d. $350,600 Oe. $343,400

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