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Silly Ventures, Inc. (SV) has the following income statement, but lost some numbers. Fill in the missing numbers. 4. For the three months ended December
Silly Ventures, Inc. (SV) has the following income statement, but lost some numbers. Fill in the missing numbers. 4. For the three months ended December 31, 2017 INCOME STATEMENT Net Revenues Cost of Goods Sold 275,000 Gross Margin 115,000 Administrative Expenses Sales and Marketing Expenses Depreciation 75,000 177,000 (175,000) Operating Profit Interest Expense 47,000 Earnings Before Taxes a. What is SV's EBIT? b. What is SV's EBITDA? What is SV's Net Income? Assume their tax rate is 30% d. Suppose SV sold stock to investors and used the proceeds to pay off all debts. Then what would their EBITDA be
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