The firms tax rate is 35 percent what did wilmas widgets


Wilma's widgets had net sales of 23,549,000 in 2010. the cost of goods sold was 13,689,800, operating expenses (excluding depreciation were 4,809,660, interest expenses were 636,976, depreciation expense was 1,852,060, and the dividends paid were 286,185. The firm's tax rate is 35 percent. What did wilma's widgets report as earnings before interest and taxes?

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