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Firm’s Earnings Before Taxes Assignment | Homework For You

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June 3rd, 2020

Northern Inc. saw $14,500 of sales, $8,750 of operating costs, not including depreciation, and $1,600 of depreciation. It had $8,500 of bonds with 9.0% interest rate, and its tax rate was 40%. How much was the firm’s earnings before taxes (EBT)?Homework For You

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