What is the firms monthly earnings before interest and taxes, Finance Basics

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What is the firms monthly earnings before interest and taxes

Problem

Jack's Motor baby Cars has fixed operating costs which total $25,000. It sells its toy motor cars for $55 each and it has variable operating cost of $30 per vehicle. Every month it sells 3,000 motor cars. What is the firm's monthly earnings before interest and taxes?

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Finance Basics: What is the firms monthly earnings before interest and taxes

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Finance Basics: What is the firms monthly earnings before interest and taxes

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