Edge Brothers recently reported net income of $385,000. The tax rate
is 40 percent. The company?s interest expense was $200,000. What would
have been the company?s net income if they would have been able to
double their operating income
(EBIT)?	$770,000	$890,000	$920,000	$1,100,000	$1,275,000

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Request for Question Clarification by scriptor-ga on 05 Mar 2006 11:52 PST

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Scriptor

Same as previous:

Googled the following: "Edge Brothers recently reported net income of"

your answer is the very first hit:
http://home.gwu.edu/~jostova/BADM115/tb02.pdf