Earnings before interest-taxes


Sheryl's Shipping had sales last year of $18,000. The cost of goods sold was $8,100, general and administrative expenses were $2,600, interest expenses were $2,100, and depreciation was $2,600. The firm's tax rate is 30%.

a. What are earnings before interest and taxes?

b. What is net income?

c. What is cash flow from operations?

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Finance Basics: Earnings before interest-taxes
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