Question 9:

Review the financial performance of VWX Company:

• Revenue: $800,000
• Cost of Goods Sold: $500,000
• Operating Expenses: $200,000
• Depreciation: $40,000
• Interest Expense: $20,000
• Tax Rate: 30%

1. Calculate the Gross Profit.
2. Determine the Operating Income (EBIT).
3. Compute the Earnings Before Tax (EBT).
4. Calculate the Net Income.
5. Determine the EBITDA.