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Suppose Siam Traders has the following revenue and expenses for 2019: Revenues of $7,800,000 Cost of Goods Sold of $1,560,000 Depreciation Expenses of $1,200,000 Income
Suppose Siam Traders has the following revenue and expenses for 2019:
Revenues of $7,800,000 Cost of Goods Sold of $1,560,000 Depreciation Expenses of $1,200,000 Income Taxes of $1,560,000 Interest Expenses of $60,000 Other Expenses of $300,000 Sales, General, & Administrative Expenses of $780,000
Create an income statement with amounts in thousands
What is the value of Earnings Before Interest & Taxes?
Please specify your answer in the same units as the income statement.
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