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Sales for 2021 were $455,150,000, EBITDA was 15% of sales and net fixed assets were 67,165,000. Furthermore, depreciation and amortization were 18% of net fixed

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Sales for 2021 were $455,150,000, EBITDA was 15% of sales and net fixed assets were 67,165,000. Furthermore, depreciation and amortization were 18% of net fixed assets, interest was $8,583,000, the corporate tax rate was 25%, and Laiho pays 47.25% of its net income as dividends. Given this information, construct the firm's 2021 income statement. What was Net income for 2021 ? $35,700,000 $11,900,000 None of these are correct $47,600,000 Question 33 Sales for 2021 were $455,150,000, EBITDA was 15% of sales and net fixed assets were 67,165,000. Furthermore, depreciation and amortization were 18% of net fixed assets, interest was $8,583,000, the corporate tax rate was 25%, and Laiho pays 47.25% of its net income as dividends. Given this information, construct the firm's 2021 income statement. What was the addition to retained earnings in 2021

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