EBK FUNDAMENTALS OF CORPORATE FINANCE
3rd Edition
ISBN: 9780133762808
Author: Harford
Publisher: PEARSON CUSTOM PUB.(CONSIGNMENT)
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Textbook Question
Chapter 20, Problem 1CQ
Based on the
| 1 | Year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
| 2 | Income Statement ($000s) | ||||||
| 3 | Sales | 100,000 | |||||
| 4 | Cost of Goods Sold | -45,333 | |||||
| 5 | Gross Profit | 54,667 | |||||
| 6 | Sales and Marketing | -15,000 | |||||
| 7 | Administration | -18,000 | |||||
| 8 | EBITDA | 21,667 | |||||
| 9 | -6,667 | ||||||
| 10 | EBIT | 15,000 | |||||
| 11 | Interest Expense (net) | -1,021 | |||||
| 12 | Pretax Income | 13,979 | |||||
| 13 | Income Tax | -4,893 | |||||
| 14 | Net Income | 9,086 |
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Chapter 20 Solutions
EBK FUNDAMENTALS OF CORPORATE FINANCE
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