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20:18 9 & 5 points 11. Ugo Office Supplies recently reported $19,500 of sales, $8,250...

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Accounting

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20:18 9 & 5 points 11. Ugo Office Supplies recently reported $19,500 of sales, $8,250 of operating costs (excluding depreciation), and $1,750 of depreciation. It had $9,000 of bonds outstanding that carry a 7% interest rate, and its federal-plus-state income tax rate was 40%. What was the amount of the firm's earnings before taxes (EBT)? * $5,322 $8,870 $10,620 $10,378 O None of the above

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