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  3. a firm's income statement included the following d

A firm's Income statement included the following data. The firm's average tax rate was 20%....

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Finance

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A firm's Income statement included the following data. The firm's average tax rate was 20%. $ 10,000 Cost of goods sold Income taxes paid Administrative expenses Interest expense Depreciation 4,000 5,000 3,000 3,000 a. What was the firm's net income? Net income b. What must have been the firm's revenues? Revenues c. What was EBIT? EBIT $

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