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Laiho Industries's 2020 and 2021 balance sheets (in thousands of dollars) are shown. The data has been collected in the Microsoft Excel file below. Download
Laiho Industries's 2020 and 2021 balance sheets (in thousands of dollars) are shown. The data has been collected in the Microsoft Excel file below. Download the spreadsheet and perform the required analysis to answer the questions below. Do not round intermediate calculations. Enter your answers in thousands. For example, an answer of $1 thousand should be entered as 1 , not 1,000 . Round your answers to the nearest whole number. Use a minus sign to enter negative values, if any. a. Sales for 2021 were $463,150,000, and EBITDA was 16% of sales. Furthermore, depreciation and amortization were 17% of net fixed assets, interest was $8,600,000, the corporate tax rate was 25%, and Laiho pays 48.25% of its net income as dividends. Given this information, construct the firm's 2021 income statement. Laiho Industries: Income Statement for Year Ending December 31, 2021 (thousands of dollars)
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