Solved: Find total of net incomeand interest payments, Finance Basics

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Find total of net incomeand interest payments

Pelamed Pharmaceuticals had EBIT of $325 million in 2006. In addition, Pelamed had expenses of $125 million and a corporate tax rate of 40%

a. What was Pelamed's 2006 net income?
b. What was the total of Pelamed's 2006 net incomeand interest payments?

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Solution Preview :

Prepared by a verified Expert

Finance Basics: Find total of net incomeand interest payments

Reference No:- TGS0677481

Have a Question? (oR Write a Review)

Recent Questions Asked Finance Basics

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Solution Preview :

Prepared by a verified Expert

Finance Basics: Find total of net incomeand interest payments

Reference No:- TGS0677481

Recent Questions Asked Finance Basics

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