If the combined tax rate t for the company is 40 what are


Company ZZ has reported net income (NI) of $135,000 for the year just ended. If the combined tax rate (T) for the company is 40%, what are the earnings before taxes (EBT)? Not very good with he math in this problem. Please show math in step by step manner so I can understand how the problem was solved.

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Financial Management: If the combined tax rate t for the company is 40 what are
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