The financial data of Danny Company is represented as follow: Assets: R 100 000 Profit margin:0% Tax rate: 40% debit ratio:0% interest rate:0% total…

The financial data of Danny Company is represented as follow:

Assets: R 100 000

Profit margin: 6.0%

Tax rate: 40%

debit ratio: 40.0%

interest rate: 8.0%

total assets turnover:3.0

What are Danny Company’s earnings before interest and tax (EBIT)?

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