Advantage First Corporation has sales of $4,667,620; income tax of $416,843; the selling, general and administrative expenses of $282,080; depreciation of $389,442; cost of goods sold of $2,569,160; and interest expense of $183,797. What is the amount of the firm’s EBIT?
Advantage First Corporation has sales of $4,667,620; income tax of
$416,843; the selling, general and administrative expenses of $282,080; depreciation of $389,442; cost of goods sold of $2,569,160; and interest expense of $183,797. What is the amount of the firm’s EBIT?
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