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Income Statement Review. Calculate the missing value in the income statement below. (Hint: Start with 2009) Income Statement ($Millions) 12-31-10 2010 2009 Net Sales ?
Income Statement Review.
Calculate the missing value in the income statement below. (Hint: Start with 2009)
| Income Statement ($Millions) 12-31-10 | |||||||||||
| 2010 | 2009 | ||||||||||
| Net Sales | ? | 2,850.0 | |||||||||
| Less Operating Costs | 2,616.2 | 2,497.0 | |||||||||
| Earnings Before Interest, Taxes Depreciation, and Amortization (EBITDA) | 383.8 | ? | |||||||||
| Less Depreciation & Amortization | 100.0 | 90.0 | |||||||||
| Earnings Before Interest, Taxes (EBIT) | ? | ? | |||||||||
| Less Interest | ? | 60.0 | |||||||||
| Earnings Before Taxes (EBT) | 195.8 | ? | |||||||||
| Less Taxes (40%) | ? | 81.2 | |||||||||
| Net Income | 117.5 | ? | |||||||||
| Less Common Dividends | ? | 53.0 | |||||||||
| Addition to Retained Earnings | 60.0 | ? | |||||||||
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How To Save It Fix Your Finances
Authors: Bola Sol
1st Edition
1529118816, 978-1529118810
