Question
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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