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    Business
  3. Study Set
    Corporate Finance
  4. Exam
    Exam 2: Introduction to Financial Statement Analysis
  5. Question
    Dolan Corporation Has Gross Profit of $2
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Dolan Corporation Has Gross Profit of $2

Question 7

Question 7

Multiple Choice

Dolan Corporation has Gross Profit of $2.3 million,cost of sales of $1.7 million,operating expenses of $0.8 million,and "other" income of $0.5 million.What is its EBIT?


A) $2 million
B) $0.3 million
C) $1 million
D) $0.6 million

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