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Suppose Torche Corporation has the following revenue and expenses for 2021: Revenues of $9,100,000 Cost of Goods Sold of $2,730,000 Depreciation Expenses of $500,000 Income
Suppose Torche Corporation has the following revenue and expenses for 2021:
Revenues of $9,100,000 Cost of Goods Sold of $2,730,000 Depreciation Expenses of $500,000 Income Taxes of $1,672,000 Interest Expenses of $180,000 Other Expenses of $600,000 Sales, General, & Administrative Expenses of $910,000
Create an income statement with amounts in thousands
What is the value of Earnings Before Interest & Taxes?
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