Selling and administrative expense $40,000 Depreciation expense 70,000 350,000 30,000 110,000 17,500 Sales Interest expense Cost of goods sold Taxes What is the EBITDA for Ball Corp?

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A:

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A: Calculation: Formula snip:

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Q: Net Income 20,904 14,547

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Vertical Statement Analysis

Vertical statement analysis is a financial statements analysis tool that is used to establish a correlation between the base item and every line item in the financial statements. In vertical statement analysis, each line item in financial statements is reflected as a percentage of the base item. In the income statement, each line item is represented as a percentage of the gross turnover because gross turnover is considered as a base figure in income statement analysis. In the balance sheet, each line item is reflected as a percentage of total assets or liabilities.