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I need help with this a. Sales for 2021 were $474,650,000, and EBITDA was 14% of sales. Furthermore, depreciation and amortization were 19% of net
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a. Sales for 2021 were $474,650,000, and EBITDA was 14% of sales. Furthermore, depreciation and amortization were 19% of net fixed assets, interest was $8,399,000, the corporate tax rate was 25%, and Laiho pays 48.25% of its net income as dividends. Given this information, construct the firm's 2021 income statement. Laiho Industries: Income Statement for Year Ending December 31,2021 (thousands of dollars) Activity - Financial Statements, Cash Flow, and Taxes The data has been collected in the Microsoft Excel file below. Download the spreadsheet and perform the required analysis to Do not round intermediate calculations. Enter your answers in thousands. For example, an answer of $1 thousand should be e Round your answers to the nearest whole number. Use a minus sign to enter negative values, if any. a. Sales for 2021 were $474,650,000, and EBITDA was 14% of sales. Furthermore, depreciation and amortization were 19% of net fixed assets, interest was $8,399,000, the corporate tax rate was 25%, and Laiho pays 48.25% of its net income as dividends. Given this information, construct the firm's 2021 income statement. Laiho Industries: Income Statement for Year Ending December 31,2021 (thousands of dollars) Activity - Financial Statements, Cash Flow, and Taxes The data has been collected in the Microsoft Excel file below. Download the spreadsheet and perform the required analysis to Do not round intermediate calculations. Enter your answers in thousands. For example, an answer of $1 thousand should be e Round your answers to the nearest whole number. Use a minus sign to enter negative values, if any
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