Massnet Corporation Has 10 38 Million Shares Outstanding And Debt With Interest Paym 2849956

MassNet Corporation has 10.38 million shares outstanding and debt with interest payments of $1.12 million. What earnings before interest and tax (EBIT) must the firm have if it were to provide $2 per share to the shareholders? Assume perfect markets. Answer:$ million Place your answer in milions of dollars with two decimal places.

Prof. Angela

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