Bob Equipment Rental paid $64 in dividends and $517 in interest expense. The addition to retained earnings is $327 and net new equity is $400. The tax rate is 27%. Sales are $14,900 and depreciation is $570. What are the earnings before interest and taxes?

Calibri (Body) E E E Paste BI UV A Open recovered workbooks? Your recent changes were saved. Do you want to continue workin |101 X V fx E A B D Q7 Bob Equipment Rental paid $64 in dividends and $517 in interest expense. The addition to retained earnings is $327 and net new equity is $400. The tax rate is 27%. Sales are $14,900 90 and depreciation is $570. What are the earnings before interest and taxes? 91 Hint D 92 IF EBT minus (27% taxes)= Net Income age 3 93 Then Net Income/.27% = EBT 94 95 96 Sales 97 Costs 98 -Depreciation 99 =EBIT 100 -Interest 101 = EBT 102 Tax Rate 103 -Taxes (EBT x tax rate) 104 =Net Income 105 -dividends paid 106 =add to RE 107 108 109 110 111 112 113 114 115 116 08. Suppose you are given the following information for Panola Bread: 1 17 Unit 1 Problems Ready MAR 3 12