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This is the Statement of Financial Position and Income Statement for a company. Statement of Financial Position End of year Beginning of year Income Statement
This is the Statement of Financial Position and Income Statement for a company. Statement of Financial Position End of year Beginning of year Income Statement Assets $1,400 $1,200 Revenues $600 Liabilities 700 600 Operating expenses 300 Shareholders' Equity 700 600 Interest expense Income before taxes Tax expense (30%) 72 Net Income $168 60 240 What is the Earnings Before Interest (EBI)
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