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If the Tax Rate Is 30%,interest Expense Is $15,000 and Operating

Question 10

Multiple Choice

If the tax rate is 30%,interest expense is $15,000 and operating profit is $78,000,what is the profit for the year?


A) $63,000.
B) $44,100.
C) $54,600
D) None of the above.

Correct Answer:

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