Answer:
$1,369,200
Explanation:
Calculation for EBIT
Using this formula
Value of Equity= EBIT / WACC
Let plug in the formula
$16,300,000 = EBIT / .084
EBIT = .084($16,300,000)
EBIT = $1,369,200
Therefore EBIT is $1,369,200
Your answer is true that is what a segmented market is
I would reccomend going to kinkos instead Staples is much more pricy! Hopefully this helps.
I would fly a plane because there is like 1 in a million chance of crashing and in a car you could crash every time you see someone driving !! i need points!!
