Given that Sales is 850000, Cost of goods sold is 500000, Gross Profit is 350000, Selling Expenses is 85000, Administrative Expenses is 125000, Depreciation Expenses is 45000, Total Expenses is 255000, EBIT is 10000 and Net Income is 51000. Calculate the Interest Expense, EBT and Income Tax Expense

Answer rating: 100% (QA)

To calculate the Interest Expense Earnings Before Tax EBT and Income Tax Expense we can use ... View the full answer