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Common sized income statement. This is FINANCE 101. I attached image of the question please read the questions fully and answer original answer and please
Common sized income statement. This is FINANCE 101. I attached image of the question please read the questions fully and answer original answer and please no copying and no handwriting.
Q1 (1.5 marks) Ahlam Company's net income for the year 2000, is $3,700,214. The company had an EBITDA of $ 10,125,300, and its depreciation and amortization expense was equal to $2,543,790. The company's average tax rate is 35 percent. a. What is the amount of interest expenses for the firm? (Show the details of your calculations) b. Prepare a common sized Income Statement if net sales equal $12,000,000
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