mashed Pumpkins Company paid $112 in dividends and $547 in interest over the past year. The company increased retained earnings by $456 and had accounts payable of $558. Sales for the year were $16, 160 and depreciation was $708. The tax rate was 25 percent. What was the company's EBIT?
mashed Pumpkins Company paid $112 in dividends and $547 in interest over the past year. The company increased retained earnings by $456 and had accounts payable of $558. Sales for the year were $16, 160 and depreciation was $708. The tax rate was 25 percent. What was the company's EBIT?
Chapter2: The Domestic And International Financial Marketplace
Section2.A: Taxes
Problem 2P
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mashed Pumpkins Company paid $112 in dividends and $547 in interest over the past year. The company increased
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