RileeT7647 RileeT7647

19-08-2020
Business

contestada

Consider the following income statement: Sales $ 1,040,136 Costs 676,704 Depreciation 153,900 Taxes 22 % Calculate the EBIT.

Respuesta :

ayokenny2001 ayokenny2001

21-08-2020

Answer:

$209,532

Explanation:

EBIT is calculated as seen below;

EBIT = Sales - costs - depreciation

Sales. $1,040,136

Less:costs ($676,704)

Less:depreciation ($153,900)

EBIT. $209,532

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