A company sells 500 shirts at 15 each with a cost of goods, Ask an Expert

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A company sells 500 shirts at $15 each with a cost of goods sold of $2 per shirt. The company has selling and administrative expenses of $2500, depreciation expenses of $500, interest expenses of $1000, and a tax rate of 35%. Calculate the EBT (earnings before taxes). If possible can you show how this is calculated?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91672610

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