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Listed below is the income statement for Tom and Sue Travels, Incorporated. TOM AND SUE TRAVELS, INCORPORATED Income Statement for Year End Net sales (
Listed below is the income statement for Tom and Sue Travels, Incorporated.
TOM AND SUE TRAVELS, INCORPORATED
Income Statement for Year End
Net sales in millions of dollars
Less: Cost of goods sold
Gross profits
Less: Other operating expenses
Earnings before interest, taxes, depreciation, and amortization EBITDA
Less: Depreciation
Earnings before interest and taxes EBIT
Less: Interest
Earnings' before taxes EBT
Less: Taxes
Net income
table$
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