Question: Remaining Time: 22 minutes, 27 seconds. Question Completion Status: Moving to another question will save this response Question 1 Question 1 of 10 1

Remaining Time: 22 minutes, 27 seconds. Question Completion Status: Moving to another question will save this

Remaining Time: 22 minutes, 27 seconds. Question Completion Status: Moving to another question will save this response Question 1 Question 1 of 10 1 points Calculate the EBIT for a firm with $4 million total revenues, $3.5 million cost of goods sold, $120,000 depreciation expense, and $500,000 interest expense. The corporate tax rate is 30% $500,000 $380,000 - 50 ($120,000) Seved

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