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Your brand's marketing and selling expenses decreased from $1.975,000.00 in 2014 to a total projected cost of $1,375,000.00 in 2015. Your 2015 gross profit target

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Your brand's marketing and selling expenses decreased from $1.975,000.00 in 2014 to a total projected cost of $1,375,000.00 in 2015. Your 2015 gross profit target is $4,500,000.00. You are also forecasting total revenue from licensing to be $160,000.00. Using this information, calculate your brand's targeted EBITDA for 2015. Please show all steps and formulas below that you used to calculate your

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