The Financial Data Of Danny Company Is Represented As Follow Assets R 100 000 Pr

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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