+1 4853618276 support@regentessays.com

The net operating income (EBIT) for Bear Investment Company (BIC) this year is $80,000. During the year, the company paid $20,000 in interest on its debt and $25,000 in dividends to its common stockholders. If BIC’s marginal tax rate is 40 percent, way is the company’s DFL? Please show your work.

Order Your Custom Essay
Order Your Custom Essay