Oakdale fashion's ink 2021 income statement a reported below Net sales (all credit): $565000 Less: Cost of Goods Sold: 215,000 Gross Profit: $350,000 LESS: Other operating expenses: 90,000 EBITDA: $260,000 LESS: Depreciation/ amortization: 15,000 EBIT: $245,000 LESS: Interest: 80,000 EBT: $165,000 LESS: Taxes: Net Income: $ Determine the firms 2021: What is the marginal tax rate %
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Oakdale fashion's ink 2021 income statement a reported below
Net sales (all credit): $565000
Less: Cost of Goods Sold: 215,000
Gross Profit: $350,000
LESS: Other operating expenses: 90,000
EBITDA: $260,000
LESS:
EBIT: $245,000
LESS: Interest: 80,000
EBT: $165,000
LESS: Taxes:
Net Income: $
Determine the firms 2021:
What is the marginal tax rate %
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