Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

income statement : Question: calculate the gross profit,net income ,operating income and EBITDA? 2016 2017 4 Sales 2018 165,000 OU UN 150,000 102,000 6 Cost

income statement :
image text in transcribed
Question: calculate the gross profit,net income ,operating income and EBITDA?
2016 2017 4 Sales 2018 165,000 OU UN 150,000 102,000 6 Cost of Goods Sold 160,000 104,000 105,600 8 Gross Profit 10 Payroll Expense 11 Rent Expense 12 Depreciation 13 Other Operating Expense 14 Interest Expense 15 Amortization 37,500 10,000 4,000 25,000 10,000 2,000 500 5,000 1,000 35,000 10,000 3,000 550 7,500 1,500 605 10,000 2,500 16 250 350 250 17 Operating Income 18 19 Other Expenses 20 21 Net Income 22 23 EBITDA 26

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting Principles V4 0 And AME Engage

Authors: Joffe Parker

4th Edition

1926751728, 978-1926751726

More Books

Students also viewed these Accounting questions

Question

Are there any questions that you want to ask?

Answered: 1 week ago