Calculate EBIT. Revenue 1,061,751.0 Cost of sales 690,135.0 Selling, general and administration 53,087.0 Other income 11,796.0 Operating income 330,325.0 Interest expense 19,874.0 Profit before tax 310,451.0 Tax expense 46,500.0 Net income 263,951.0 The footnotes mention the following: Cost of sales includes inventory write off costs 39,677.0 Cost of sales includes distribution costs 120,458.0 SG&A includes corporate restructuring expenses 15,570.0 Responses 385,572.0 275,078.0 330,325.0 506,030.0
Calculate EBIT. Revenue 1,061,751.0 Cost of sales 690,135.0 Selling, general and administration 53,087.0 Other income 11,796.0 Operating income 330,325.0 Interest expense 19,874.0 Profit before tax 310,451.0 Tax expense 46,500.0 Net income 263,951.0 The footnotes mention the following: Cost of sales includes inventory write off costs 39,677.0 Cost of sales includes distribution costs 120,458.0 SG&A includes corporate restructuring expenses 15,570.0 Responses 385,572.0 275,078.0 330,325.0 506,030.0
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Calculate EBIT.
| Revenue | 1,061,751.0 |
| Cost of sales | 690,135.0 |
| Selling, general and administration | 53,087.0 |
| Other income | 11,796.0 |
| Operating income | 330,325.0 |
| Interest expense | 19,874.0 |
| Profit before tax | 310,451.0 |
| Tax expense | 46,500.0 |
| Net income | 263,951.0 |
| The footnotes mention the following: | |
| Cost of sales includes inventory write off costs | 39,677.0 |
| Cost of sales includes distribution costs | 120,458.0 |
| SG&A includes corporate restructuring expenses | 15,570.0 |
Responses
385,572.0
275,078.0
330,325.0
506,030.0
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