Multiple Choice
The Burger Joint paid $420 in dividends and $611 in interest expense. The addition to retained earnings is $397.74 and net new equity is $750. The tax rate is 34%. Sales are $6,250 and depreciation is $710. What are the earnings before interest and taxes?
A) $1,576.67
B) $1,582.16
C) $1,660.00
D) $1,780.82
E) $1,850.00
Correct Answer:
Verified
Related Questions