Question
A company had the following income statement items for its year-end: Sales $ 300,000 Gross Margin 0.4 SGA % of Sales 0.2 Depreciation $ 25,000
A company had the following income statement items for its year-end:
| Sales | $ 300,000 |
| Gross Margin | 0.4 |
| SGA % of Sales | 0.2 |
| Depreciation | $ 25,000 |
| Interest | $ 10,000 |
| Tax rate | 0.4 |
Based on this information, calculate the following (include $ and commas in your answers)
EBIT:
EBITDA:
By how much will retained earnings increase?
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Finance For Executives Managing For Value Creation
Authors: Gabriel Hawawini, Claude Viallet
2nd Edition
0324117752, 9780324117752
