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Kwok Enterprises has the following income statement. How much after-tax operating income does the firm have? Sales $2,250 Costs 1,400 Depreciation 250 EBIT $ 600
Kwok Enterprises has the following income statement. How much after-tax operating income does the firm have?
Sales | $2,250 |
Costs | 1,400 |
Depreciation | 250 |
EBIT | $ 600 |
Interest expense | 70 |
EBT | $ 530 |
Taxes (40%) | 212 |
Net income | $ 318 |
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