Smashed Pumpkins Co. paid $240 in dividends and $659 in interest over the past year. The company increased retained earn

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Smashed Pumpkins Co. paid $240 in dividends and $659 in interest over the past year. The company increased retained earn

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Smashed Pumpkins Co. paid $240 in dividends and $659 in interest over the past year. The company increased retained earnings by $552 and had accounts payable of $750. Sales for the year were $16,720 and depreciation was $772. The tax rate was 35 percent. What was the company's EBIT? Multiple Choice $2,148 $1,218 $1,508 $1,877 $5,852
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