Question: Fami Suppo QUESTION 6 Linda's Lights balance sheet info for the beginning of 2020 Owners Equity 27 million Bank Loan 10 million 4.5% interest rate
Fami Suppo QUESTION 6 Linda's Lights balance sheet info for the beginning of 2020 Owners Equity 27 million Bank Loan 10 million 4.5% interest rate Fixed Assets 10 million Inventory 23 million Cash 4 million Here are info for 2020 Purchased 220 thousand lamps for $100 each, sold them for $125 each Incurred additional operating costs of $2 million Purchased 5 trucks for $100,000 each Profits tax 15% Dividend payout ratio 30% Q. What is EBIT? Please fill in this box using the result of the previous question 5, these two questions are the same Note: Please round up your answer to two decimal places (eg, if your answer is 170.124> you need to write down 170 12 in the blank if your answer is 170.127 -> you need to write down 170 13 in the blank) Click Save and Submit to save and submit. Click Save All Ansurs to save all ansters
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