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Home / Questions / Falcon Autos sales last year were $280000 its EBIT was $38 334 and federal plus state ta...

Falcon Autos sales last year were $280000 its EBIT was $38 334 and federal plus state tax rate was 40% The company has no debt What was the companys profit margin last year

Falcon Auto's sales last year were $280,000, its EBIT was $38, 334, and federal-plus-state tax rate was 40%. The company has no debt. What was the company's profit margin last year? 8.21% 7.41% 9.06% 7.80% 8.63%
 

Apr 08 2020 View more View Less

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