Atlantic Fisheries has an EBIT of $3,280,depreciation of $1,850,cost of goods sold of $6,920,dividends paid of $750,interest expense of $860,and sales of $6,500.What is the taxable income?
A) $2,376
B) $1,805
C) $1,610
D) $1,670
E) $2,420
Correct Answer:
Verified
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