Use the Information for the Question(s)below

question 89

Multiple Choice

Use the information for the question(s) below.
Fly by Night Aviation (FBNA) expects to have net income next year of $24 million and interest expense of $3 million.FBNA's marginal corporate tax rate is 40%.
-FBNA's EBIT is closest to:

• A)$43 million
• B)$40 Million
• C)$45 million
• D)$60 million

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Organizations established by a government to implement policy, enforce laws, and oversee specific areas of public administration.

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