Question
I am calculating EBIT for Zeta Spenza Project, Chegg shows the answer as $108.8 million.I am using Interest -taxes +depreciation but getting the wrong answer.
I am calculating EBIT for Zeta Spenza Project, Chegg shows the answer as $108.8 million.I am using Interest -taxes +depreciation but getting the wrong answer. The interest is $8.8 million, taxes is 40% and depreciation and deprciation is $82.5 million. How should i calcuate the Earnings before income taxes? Shouldn't net income be calculated after EBIT?
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Structured Finance Leveraged Buyouts Project Finance Asset Finance And Securitization
Authors: Charles-Henri Larreur
1st Edition
1119371104, 978-1119371106
