The earnings after tax is 1230000rs income tax rate is 38.5% interest is 400000rs. Find out EBIT?
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Answer:
240,000
Explanation:
EBIT stands for earnijg before interest and taxes.
in this questiin we have to perform reverse working.
esrning after tax is 123000, with tax rate if 38.5^, profit before tax will be 200,000
now interest is 40,000, so add 40k in 200k. ao the answer is 240,000
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