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Complete the following question related to the Income Statement for company XYZ for the years 2 0 3 4 and 2 0 3 5 .
Complete the following question related to the Income Statement for company XYZ for the years and In XYZ was in the tax bracket. However, revenues increased substntially in pushing XYZ into the tax bracket. Use the Excel template to help solve the problem, if desired.
tabletableIncome Statement$ in thousands, except EPSYearSales$Cost of goods sold,$Selling general, & admin. exp.,$Depreciation$EBIT$Interest expense,$Taxable income,$Taxes$Net income,$Shares outstanding,,EPS$
What is the EBIT for round to the nearest dollar
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