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Calculating current net income and net income

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Reference no: EM132505356

PinPoint's EBIT is this year is $20,000. They paid $16,000 in interest and $15,000 in Dividends. The tax rate is 40%.

Question a. What is their DFL?

Question b. Check your answer by calculating current net income and net income with a 20% increase.

Reference no: EM132505356

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