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Problem 4-3 Measuring Performance (LO2) Here are simplified financial statements for Watervan Corporation: 10 points 02:00:35 $890.00 750.00 40.00 Earnings before interest and taxes (EBIT)

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Problem 4-3 Measuring Performance (LO2) Here are simplified financial statements for Watervan Corporation: 10 points 02:00:35 $890.00 750.00 40.00 Earnings before interest and taxes (EBIT) $100.00 21.00 $ 79.00 27.65 s 51.35 Cost of goods sold Depreciation eBook Income before tax Net income (Figures in $ millions) References End of Start Yearof Year $ 378 s 330 276231 s 654 $ 561 Current assets assetS Liabilities and shareholders' equity s 203 $ 166 Current 1iabilities Long-term debt Shareholders equity 130 334 265 Total Iiabilities and shareholdera" equity $ 654 561 and shareholders

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