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Sales $300 COGS 200 Gross Profit 100 Operating Exp 40 EBIT 60 Interest Exp - 15 EBT 45 Taxes 9 Net Income 36 In preparing

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Sales $300 COGS 200 Gross Profit 100 Operating Exp 40 EBIT 60 Interest Exp - 15 EBT 45 Taxes 9 Net Income 36 In preparing a common-Sized Income Statement what percent would be assigned to EBT? Select one: a. 45% b. 22.596 OC. 0.996 d. 1596 e. 996

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