Save & Exit Sub Smashed Pumpkins Company paid $152 in dividends and $582 in interest over...

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Save & Exit Sub Smashed Pumpkins Company paid $152 in dividends and $582 in interest over the past year. The company increased retained earnings by $486 and had accounts payable of $618. Sales for the year were $16,335 and depreciation was $728. The tax rate was 21 percent. What was the company's EBIT? Multiple Choice $1,390 $1,366 $1,882 $6,207 $1,029 Save & Exit Sub Smashed Pumpkins Company paid $152 in dividends and $582 in interest over the past year. The company increased retained earnings by $486 and had accounts payable of $618. Sales for the year were $16,335 and depreciation was $728. The tax rate was 21 percent. What was the company's EBIT? Multiple Choice $1,390 $1,366 $1,882 $6,207 $1,029

Answer rating: 100% (QA)

Answer is 1390 EBIT retained earning dividend tax interest Retained ... View the full answer