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Intro Miller Microbrewery recently had $34,500 in sales, $14,800 of operating costs other than depreciation, and $2,100 of depreciation (assuming the company does not have
Intro Miller Microbrewery recently had $34,500 in sales, $14,800 of operating costs other than depreciation, and $2,100 of depreciation (assuming the company does not have amortization). The company had $15,000 of bonds outstanding with a 8% interest rate, and its federal-plus-state income tax rate was 40%. Part 1 Attempt 1/3 for 10 pts. How much was the firm's earnings before taxes (EBT)? Hint: the amount of interest = the amount bonds outstanding * interest rate 0+ decimals Submit Part 2 Attempt 1/3 for 10 pts. What was net income? 0+ decimals Submit
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