PLEASE SHOW YOUR SOLUTION. THANK YOU!

PLEASE SHOW YOUR SOLUTION. THANK YOU!

How much is the EBITDA in Year 1?* 2 points Banana Republic Inc. reported the following prospective information: Year 1 Year 2 Year 3 Revenues P750,000 P1,200,000 P1,600,000 Cost of Goods Sold 400,000 650,000 900,000 Operating Expense 150,000 200,000 300,000 Income tax rate is at 30%. Capital investment of P150,000 is expected to be spent every year while working capital investment is at P40,000. Depreciation of property is at P200,000 yearly P400,000 P140,000 P150,000 P340,000