Multiple Choice
A firm has revenue of $60,000, its total operating costs including depreciation and cost of goods sold are $50,620, depreciation is $4,620 and its interest expense on outstanding loans is $2,000.What is the firm's EBIT?
A) $55,380
B) $2,760
C) $9,380
D) $12,000
Correct Answer:
Verified
Correct Answer:
Verified
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