Kobe Capital Corp. recently reported $19.500 of sales. $7.550 of operating costs other than depreciation,...
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Kobe Capital Corp. recently reported $19.500 of sales. $7.550 of operating costs other than depreciation, and $1,750 of depreciation. It had $9.000 of bonds outstanding that carry a 7.0% interest rate, and its income tax rate was 40%. How much was the firm's earnings before taxes (EBT)? Your answer should be between 8505 and 10280, rounded to even dolars (although decimal places are okay), with no special characters
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