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6. Mackie Co. reported the following on last year's annual income statement, and the most recent balance sheet: Depreciation expense of $251 Revenue of $2,275
6. Mackie Co. reported the following on last year's annual income statement, and the most recent balance sheet: Depreciation expense of $251 Revenue of $2,275 Total Assets = $3,883 SG&A expenses of $208 Accounts Payable of $121 interest expense of $157 COGS of $339 Total Cash of $558 And a tax rate of 35%. You've been asked to compute EBIT for Mackie.
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