Question: I need help figuring this out step by step explanation to be able to help me understand it a. Sales for 2021 were $449,150,000, and

I need help figuring this out step by step explanation to be able to help me understand it

able to help me understand it a. Sales for 2021 were $449,150,000,

of net foxed assets, interest was $9,441,000, the corporate tax rate was

a. Sales for 2021 were $449,150,000, and EBITDA was 14% of sales, Furthermore, depreciation and amortization were 17% of net foxed assets, interest was $9,441,000, the corporate tax rate was 25%, and Laiho pays 48.25% of its net income as dividends. Given this information, construct the firm's 2021 income statement. Laiho Industries: Income Statement for Year Ending December 31, 2021 (thousands of dollars)

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