How to find Oper Income (EBIT)

Interest

Taxable income (EBT)

Taxes

Net income (EAT OR)

Income Statement Income Sales Revenue $ 195,000.00 Retums & Allowances $ (3,500.00) Investment Income $ 45,000.00 Net Revenue $ 286,500.00 Expenses Directly related to Production Beg Inventory $ 12,000.00 New Purchase $ 124,000.00 Retums & Allowances $ (2,200.00) End Inventory $ (17,800.00) CGS $ 116,000.00 Unrelated to Production Rent $ 10,000.00 Utility $ 1,500.00 Salaries $ 25,000.00 Depreciation $ 688,650.00 R&D Expense S 4,875.00 @ Marketing $ 2,925.00 @ Oper Expenses $ 677,950.00 2.50% 1.50% Oper Income (EBIT) Interest Taxable Income (EBT) Taxes 35.0096 Net Income (EAT OD)