Posted by **Please help** on Wednesday, January 11, 2012 at 8:03pm.

When solving for EBIT, What kind of algebra do I use?

I replaced EBIT with x.

The equation is:

(x-0)(1-.4)/80,000=(x-153,400)(1-.4)/40,000

## Answer This Question

## Related Questions

- BUSN - Assuming a tax rate of 30%, what is the EBIT and taxable income for the ...
- Finance - Item Total assets $10,000,000 Total equity (all common) 9,000,000 ...
- Finance - Item Total assets $10,000,000 Total equity (all common) 9,000,000 ...
- Finance - keenan corp. is comparing two different capital structure. plan 1: ...
- Finance - The management of One-M Berhad is considering an expansion project for...
- Finance - The Norman Automatic mailer Machine Company is planning to expand ...
- Finance - AQ&Q has EBIT of $2 million, total assets of $10 million, stock holder...
- Finance - AQ&Q has EBIT of $2 million, total assets of $10 million, stockholders...
- Math Finance - Rex Corp's EBITDA last year was $385,000 (= EBIT + depreciation...
- Finance - Medallion Cooling Systems, Inc., has total assets of $10,000,000, EBIT...

More Related Questions