Calculate the EBIT (Earnings Before Interest and Taxes) for a firm with $4 million total revenues, $3.5 million cost of goods sold, $500,000 depreciation expense, and $120,000 interest expense.

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The Answer of Calculate the EBIT (Earnings Before Interest and Taxes) for a firm with $4 million total revenues, $3.5 million cost of goods sold, $500,000 depreciation expense, and $120,000 interest expense.

Calculate the EBIT (Earnings Before Interest and Taxes) for a Firm