A firm has revenue of $60,000, its total operating costs including depreciation and cost of goods sold are $50,620, depreciation is $4,620 and its interest expense on outstanding loans is $2,000.What is the firm's EBIT?
A)$55,380
B)$2,760
C)$9,380
D)$12,000

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The Answer of A firm has revenue of $60,000, its total operating costs including depreciation and cost of goods sold are $50,620, depreciation is $4,620 and its interest expense on outstanding loans is $2,000.What is the firm's EBIT?
A)$55,380
B)$2,760
C)$9,380
D)$12,000

A Firm Has Revenue of $60,000, Its Total Operating Costs