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A firm reported the following income statement (all figures are in thousands of dollars): Net Sales 1,100 - operating costs 200 - depreciation & amortization

A firm reported the following income statement (all figures are in thousands of dollars):

Net Sales 1,100
- operating costs 200
- depreciation & amortization 230
= Operating Income (EBIT) ?
- interest 76
= Earnings Before Taxes (EBT) ?
- taxes 81
= Net Income ?

What is the operating income of this firm?

NOTE: the - and = in red have been added to serve as a hint on how to compute each item of interest.

A firm reported the following income statement (all figures are in thousands of dollars):

Net Sales 1,550
- operating costs 200
- depreciation & amortization 220
= Operating Income (EBIT) ?
- interest 77
= Earnings Before Taxes (EBT) ?
- taxes 70
= Net Income ?

What is the net income of this firm?

NOTE: the - and = in red have been added to serve as a hint on how to compute each item of interest.

A firm reported the following income statement (all figures are in thousands of dollars):

Net Sales 1,595
- operating costs 200
- depreciation & amortization 200
= Operating Income (EBIT) ?
- interest 121
= Earnings Before Taxes (EBT) ?
- taxes ?
= Net Income ?

What is the amount of taxes the firm is charged, given that the tax rate is 30%?

answer using one decimal figure.

NOTE: the - and = in red have been added to serve as a hint on how to compute each item of interest.

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