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Can you help to how to calculate EBIT (Earnings Before Interest and Taxes) from this Income Statement? Income Statement For the Fiscal Period Ending 12
Can you help to how to calculate EBIT (Earnings Before Interest and Taxes) from this Income Statement?
Income Statement For the Fiscal Period Ending 12 months May-31-2016 USD 12 months May-31-2017 USD 12 months May-31-2018 USD 12 months May-31-2019 USD 12 months May-31-2020 Currency USD 32,376.0 34,350.0 36,397.0 39,117.0 37,403.0 Revenue Other Revenue Total Revenue 32,376.0 34,350.0 36,397.0 39,117.0 37,403.0 Cost Of Goods Sold Gross Profit 17,405.0 14,971.0 19,038.0 15,312.0 20,441.0 15,956.0 21,643.0 17,474.0 21,162.0 16,241.0 10,469.0 10,563.0 11,511.0 12,702.0 13,126.0 Selling General & Admin Exp. R&D Exp. Depreciation & Amort. Other Operating Expense/Income) Other Operating Exp., Total 10,469.0 10,563.0 11,511.0 12,702.0 13,126.0 Operating Income 4,502.0 4,749.0 4,445.0 4,772.0 3,115.0 (31.0) Interest Expense Interest and Invest. Income Net Interest Exp. (86.0) 27.0 (59.0) 12.0 (124.0) 70.0 (54.0) (131.0) 82.0 (151.0) 62.0 (89.0) (19.0) (49.0) Currency Exchange Gains (Loss) Other Non-Operating Inc. (Exp.) EBT Excl. Unusual Items 151.0 (11.0) 4,623.0 (59.0) 255.0 4,886.0 (110.0) 44.0 4,325.0 (97.0) 175.0 4,801.0 30.0 236.0 3,292.0 Impairment of Goodwill Other Unusual Items EBT Incl. Unusual Items (405.0 2,887.0 4,623.0 4,886.0 4,325.0 4,801.0 Income Tax Expense Earnings from Cont. Ops. 863.0 3,760.0 646.0 4,240.0 2,392.0 1,933.0 772.0 4,029.0 348.0 2,539.0 Earnings of Discontinued Ops. Extraord. Item & Account Change Net Income to Company 3,760.0 4,240.0 1,933.0 4,029.0 2,539.0 Minority Int. in Earnings Net Income 3,760.0 4,240.0 1,933.0 4,029.0 2,539.0Step by Step Solution
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