Where can I find after tax interest income on a balance sheet or income statement(trying to find Economic Value added after-tax interest+net income-(cost of capital))? I have work that only shows interest expense before finding EBT. Do we use interest expense?
Where can I find after tax interest income on a
Components of income statement:
The income statement is part of the financial statement of the firm. The income statement starts with sales revenue and ends by providing the net income earned by the firm during the particular accounting period. The income statement deducts the cost of goods sold and other operating expenses from the sales revenue to obtain operating profit.
Thereafter, interest and taxes are deducted from operating profit to derive net profit or net income.
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