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Business, 21.04.2020 01:47 eli719

Smashed Pumpkins Co. paid $184 in dividends and $610 in interest over the past year. The company increased retained earnings by $510 and had accounts payable of $666. Sales for the year were $16,475 and depreciation was $744. The tax rate was 40 percent.
Required:
1. What was the company's EBIT?

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Smashed Pumpkins Co. paid $184 in dividends and $610 in interest over the past year. The company inc...
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