The following financial data corresponds to callahan


The following financial data corresponds to Callahan Corporation,s 2012 operations. cost of goods sold $2000,000 selling and administrative expense $40,000 depreciation expense 85,000 sales 444,000 Interest expense 40,000 Applicable income tax Rate 40% Calculate the following income statement items a) gross Profit b)operation income (EBIT) c)earning before Taxes (EBIT) d)income taxes e)net income

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Other Subject: The following financial data corresponds to callahan
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