x

Income Statement Items You have the following data (in millions): Sales = $54, Interest Expense = $10, Cost of Goods Sold = $17, Depreciation Expense = $2, Selling, General and Administrative Expenses = $3, Taxes = $7. The firm's EBIT is million and Net Income is million. Multiple Choice $32: $15 O $34; $15 $37; $22 $49; $22