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a . Constructing the firm's 2 0 2 1 income statement Laiho Industries: financial information for 2 0 2 1 ( in thousands of dollars

a. Constructing the firm's 2021 income statement
Laiho Industries: financial information for 2021
(in thousands of dollars)
Sales $465,650
EBITDA as a percentage of sales 15%
Depr. as a % of fixed assets 18%
Tax rate 25%
Interest expense $7,940
Dividend payout ratio 47.25%
Laiho Industries: Income Statement for Year Ending December 31,2021
(in thousands of dollars)
2021 Formulas
Sales $465,650=C31
Operating costs excluding depreciation and amortization #N/A
EBITDA #N/A
Depreciation and amortization #N/A
EBIT #N/A
Interest #N/A
EBT #N/A
Taxes (25%) #N/A
Net Income #N/A
Common dividends #N/A
Addition to retained earnings #N/A

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