1. What is the structure of the 2022 Income Statement (in millions of S's), assuming the...

 

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1. What is the structure of the 2022 Income Statement (in millions of S's), assuming the following inputs? Make sure you include EBIT, EBT, and Net Income. (5 points) Cost of Goods Sold: Interest Paid Taxes Sales $300 $41 $600 Depreciation Dividends Addition to RE $30 $150 $30 $49 1. What is the structure of the 2022 Income Statement (in millions of S's), assuming the following inputs? Make sure you include EBIT, EBT, and Net Income. (5 points) Cost of Goods Sold: Interest Paid Taxes Sales $300 $41 $600 Depreciation Dividends Addition to RE $30 $150 $30 $49

Answer rating: 100% (QA)

To prepare the Income Statement we can start with the formula Net Income Sales Cost of Good... View the full answer