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03-06-2023
Business

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Moose Industries has a corporate tax rate of 25% Last year the company realized $12,500,000 in operating income (EBTI). Its annual interest expense is $1,800,000, What was the company's net income for the year? a. $9,375,000 b. 58,025,000 c. $10,700,000 d. 52,675,000 e. $10,725,000

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