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I am confused on how to get Int Exp, EBT, and Tax. I have solved for the other remaining items. Name: Hmk-2B Exercise #1: Fill
I am confused on how to get Int Exp, EBT, and Tax. I have solved for the other remaining items.
Name: Hmk-2B Exercise #1: Fill in the missing blanks in the following Income Statement Income Statement of ABC Electronics, Inc. for fiscal year ending December 31, 2018 [1] 12,000 11,000 13,000 [2] Revenue - Cost of Goods Sold (COGS) - Administrative and Selling Expenses Earnings Before Interest, Taxes and Depreciation (EBITDA) Depreciation Expense (DEP) Earnings Before Interest and Taxes (EBIT) - Interest Expense (INT) Earnings Before Taxes (EBT) = Taxable income - Tax @25% Net Income (NI) = Earnings 10,000 [3] [4] 6,000Step by Step Solution
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