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Cotton's Gin, a distillery, had sales last month of $200,000, cost of goods sold of $90,000, marketing expenses of $10,000, salary expenses of $50,000, rent
Cotton's Gin, a distillery, had sales last month of $200,000, cost of goods sold of $90,000, marketing expenses of $10,000, salary expenses of $50,000, rent of $15,000, depreciation & amortization of $20,000, interest expense of $5,000, and paid $2,000 in income taxes. What was their gross profit? [ Select ] What was their operating profit? [ Select ] What was their EBITDA? [ Select] A What was their net profit? [ Select ] Cotton's Gin, a distillery, had sales last month of $200,000, cost of goods sold of $90,000, marketing expenses of $10,000, salary expenses of $50,000, rent of $15,000, depreciation & amortization of $20,000, interest expense of $5,000, and paid $2,000 in income taxes. What was their gross profit? [Select ] $15,000 $220,000 $100,000 $110,000 $8,000 $10,000 fit? [ Select ] What was their net profit? [ Select] Cotton's Gin, a distillery, had sales last month of $200,000, cost of goods sold of $90,000, marketing expenses of $10,000, salary expenses of $50,000, rent of $15,000, depreciation & amortization of $20,000, interest expense of $5,000, and paid $2,000 in income taxes. What was their gross profit? [ Select ] What was their operating profit? [Select ] $35,000 $15,000 $10,000 $8,000 $110,000 What was their net profit? [ Select ] Cotton's Gin, a distillery, had sales last month of $200,000, cost of goods sold of $90,000, marketing expenses of $10,000, salary expenses of $50,000, rent of $15,000, depreciation & amortization of $20,000, interest expense of $5,000, and paid $2,000 in income taxes. What was their gross profit? [ Select] A What was their operating profit? [ Select ] 4 What was their EBITDA? [ Select ] $35,000 $8,000 $30,000 $110,000 $15,000 $10,000 Question 11 8 pts Cotton's Gin, a distillery, had sales last month of $200,000, cost of goods sold of $90,000, marketing expenses of $10,000, salary expenses of $50,000, rent of $15,000, depreciation & amortization of $20,000, interest expense of $5,000, and paid $2,000 in income taxes. What was their gross profit? [ Select] A What was their operating profit? [ Select ] What was their EBITDA? [ Select] A What was their net profit? [ Select ] $110,000 $15,000 $2,000 $35,000 $8,000 $10,000 3 nts
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