Question: RatiosUsing the data provided below calculate the Tax Burden ratio. Sales $ 134 (mill) EBIT $ 47 Interest Expense $ 21 Assets $ 104 Equity

RatiosUsing the data provided below calculate the Tax Burden ratio.

Sales $ 134 (mill)
EBIT $ 47
Interest Expense $ 21
Assets $ 104
Equity $ 36
Net Profit $ 24

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