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Calculate the EBITDA of Years 2019 & 2020. BUS499.01 Fall 2021 Income Statement Net sales Cost of goods sold Gross margin Operating expenses Depreciation &
Calculate the EBITDA of Years 2019 & 2020.
BUS499.01 Fall 2021 Income Statement Net sales Cost of goods sold Gross margin Operating expenses Depreciation & Amortization XYZ Company (Dollars in Thousands, Except Per-Share Amounts) 2019 2020 $ 765,050 $ 725,000 $575,000 $ 555,000 $ 190,050 $ 170,000 $ 28,050 $ 25,000 $ 109,500 $ 35,500 $ $ 10,000 (16,750) Selling, general & admin expenses (SGA) $ 96,804 Operating Income $ 65,196 Other Income (expense) Dividend & Interest income $ 5,250 Interest expense $ (16,250) Income before income taxes & extraordinary loss $ 54,196 Income taxes $ 41.446 Income before extraordinary loss $ 12,750 Extraordinary item: Loss on Earthquake destruction $ (5,000) Net income $ 7,750 Earnings per share of common stock before extraordinary loss Earnings per share - extraordinary loss $ (0.34) Net Income per common share $ $ $ 28,750 26,250 2,500 $ 2,500 Step by Step Solution
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