Question: QuestIuII 12 (I PUIT) Use the data below to compute 2014 EBIT: 2014 2013 16 20 Cash Short-term investments Accounts receivable Inventories Property, plant &

 QuestIuII 12 (I PUIT) Use the data below to compute 2014EBIT: 2014 2013 16 20 Cash Short-term investments Accounts receivable Inventories Property,

QuestIuII 12 (I PUIT) Use the data below to compute 2014 EBIT: 2014 2013 16 20 Cash Short-term investments Accounts receivable Inventories Property, plant & equipment (net) Accounts payable Short-term debt Accrued liabilities Long-term debt Common stock Retained earnings Net revenue Depreciation expense Interest Taxes Net income 6 66 370 318 552 419 925 875 47 30 96 60 148 130 662 585 130 130 770 712 3146 2851 115 95 89 65 83 85 254 124 Your Answer: Use the data below to compute 2014 Tax Rate: 2014 2013 Cash 15 16 Short-term investments 5 70 Accounts receivable 366 316 Inventories 554 417 Property, plant & equipment (net) 930 874 Accounts payable 49 30 Short-term debt 96 62 Accrued liabilities 145 134 Long-term debt 659 580 Common stock 130 130 Retained earnings 767 715 Net revenue 3148 2852 Depreciation expense 111 93 Interest 88 65 Taxes 79 83 Net income 252 124 (Enter your answer as a percent with 2 decimal places but without the % symbol. For example, if you compute 25.00%, enter 25.00)

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