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This is the Statement of Financial Position and Income Statement for a company. Statement of Financial Position End of year $1,400 700 700 Assets


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

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