Question: Using the information given below, what is normalized EBIT? Other expense (income), net includes interest income and expenses. a) 7,754.0 b) 7,207.0 c) 7,547.0 d)

Using the information given below, what is normalized EBIT? Other expense (income), net includes interest income and expenses.

Using the information given below, what is normalized EBIT? Other expense (income),

a) 7,754.0

b) 7,207.0

c) 7,547.0

d) 6,660.0

*Please provide explanation.

2018 32,765 (Millions, except per share amounts) Net sales Operating expenses Cost of sales Selling, general and administrative expenses Research, development and related expenses Gain on sale of businesses Total operating expenses Operating income 16,682 7,602 1,821 (547) 25,558 7,207 Other expense (income), net 207 Income before income taxes Provision for income taxes Net income including noncontrolling interest 7,000 1,637 5,363 $

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