A firm has a net profits after taxes of $75,600, a 30% tax rate, a...

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Finance

A firm has a net profits after taxes of $75,600, a 30% tax rate, a 10% interest rate, and a 10 times interest earned ratio. Based on the given information, the firm earnings before interest and taxes equals?

Select one:

a. $110,000

b. $130,000

c. $100,000

d. $120,000

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