FOUND.OF FINANCIAL MANAGEMENT-ACCESS
FOUND.OF FINANCIAL MANAGEMENT-ACCESS
17th Edition
ISBN: 9781260519969
Author: BLOCK
Publisher: MCG
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Chapter 6, Problem 13P
Summary Introduction

To calculate: Earnings after tax, if the interest rates of long-term and short-term financing are changed in Problem 12.

Introduction:

Earnings after tax:

Earnings after tax, abbreviated as EAT is considered as a depiction of the net profitability of the company. It is computed by charging all the expenses of manufacturing and distribution as well as the subjected tax, paid against the generated revenue.

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