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Financial Statement Analysis for Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) : A company's income statement shows sales revenue of $1,000,000, cost of goods

Financial Statement Analysis for Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA): A company's income statement shows sales revenue of $1,000,000, cost of goods sold (COGS) of $600,000, operating expenses of $200,000, depreciation expense of $50,000, and interest expense of $30,000. Calculate the company's earnings before interest, taxes, depreciation, and amortization (EBITDA) and discuss how this profitability measure reflects the company's operating performance and financial health.

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