Ch3 Problem Solving Quiz Solns
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The document discusses calculating financial metrics like sales, operating costs, depreciation, EBIT, interest, EBT, taxes, and net income for a company based on a new sales level of $12,681,482. It estimates operating costs as 55% of sales, depreciation as 10% higher than last year at $880,000, interest as 10% higher than last year at $660,000, taxes at 40% of EBT, and solves for a net income of $2,500,000.
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- 2. Problem 3
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