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Instant upvote!!! Some of the numbers (highlighted yellow) in the income statement and balance sheet are intentionally missing. You are supposed to calculate the relevant
Instant upvote!!!
Some of the numbers (highlighted yellow) in the income statement and balance sheet are intentionally missing. You are supposed to calculate the relevant numbers that we can write in the highlighted yellow parts.
- In 2018, the cost of goods sold (COGS) has increased 40% compared to COGS of 2017
- Interest expenses in 2018 are 5.5 times higher than 2017 interest expenses
- Corporate tax rate is 22%
- 2018 net profit is 1.25 times of 2017 net profit
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