Brown office supplies recently reported 18500 of sales 8250, Ask an Expert

Management Studies

Brown Office Supplies recently reported $18,500 of sales, $8,250 of operating costs other than depreciation, and $1,750 of depreciation. It had $9,000 of bonds outstanding that carry a 7.0% interest rate, and its federal-plus-state income tax rate was 40%. How much was the firm's earnings before taxes (EBT)?

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Business Management, Management Studies

Category:- Business Management
Reference No.:- M91260408

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