Smashed Pumpkins Co. paid $80 in dividends and $519 in interest over the past year....
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Accounting
Smashed Pumpkins Co. paid $80 in dividends and $519 in interest over the past year. The company increased retained earnings by $432 and had accounts payable of $510. Sales for the year were $16,020 and depreciation was $692. The tax rate was 35 percent. What was the company's EBIT?
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