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Everybody's Fitness's 2021 income statement is reported below (in millions of dollars) (Use corporate tax r calculations.) Everybody's Fitness Income Statement for 2021 (in millions
Everybody's Fitness's 2021 income statement is reported below (in millions of dollars) (Use corporate tax r calculations.) Everybody's Fitness Income Statement for 2021 (in millions of dollars) Net sales (all credit) Less: Cost of goods sold Gross profits Less: Other operating expenses EBITDA Less: Depreciation and amortization EBIT Less: Interest EBT Less: Taxes $2,385 740 $1,645 515 $1,130 352 $ 778 375 $ 403 Net income $ Determine the firm's 2021 tax liability. Tax liability Everybody's Fitness's 2021 income statement is reported below (in millions of dollars) (Use corporate tax r calculations.) Everybody's Fitness Income Statement for 2021 (in millions of dollars) Net sales (all credit) Less: Cost of goods sold Gross profits Less: Other operating expenses EBITDA Less: Depreciation and amortization EBIT Less: Interest EBT Less: Taxes $2,385 740 $1,645 515 $1,130 352 $ 778 375 $ 403 Net income $ Determine the firm's 2021 tax liability. Tax liability
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