Reorganize the following income statement for an industrial company. With considering your answer in previous question,...
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Reorganize the following income statement for an industrial company. With considering your answer in previous question, calculate the company's free cash flow in 2008. Statement of Income Year Ended 31 December 2008 Sales 3,323 Cost of goods sold 1,287 SG&A expenses 858 EBITDA 1,178 Depreciation 270 Operating income (EBIT) 908 Net interest expense 195 Income before tax 713 Taxes 228 Net income 485 Statutorty tax rate 35% State your answers to the following questions in integer: a) Net financial expense (after tax) in 2008 is $ b) Tax on operating income in 2008 is $ c) Operating income (after tax) in 2008 is $ d) Comprehensive income in 2008 is $ e) Free cash flow in 2008 is $ Reorganize the following income statement for an industrial company. With considering your answer in previous question, calculate the company's free cash flow in 2008. Statement of Income Year Ended 31 December 2008 Sales 3,323 Cost of goods sold 1,287 SG&A expenses 858 EBITDA 1,178 Depreciation 270 Operating income (EBIT) 908 Net interest expense 195 Income before tax 713 Taxes 228 Net income 485 Statutorty tax rate 35% State your answers to the following questions in integer: a) Net financial expense (after tax) in 2008 is $ b) Tax on operating income in 2008 is $ c) Operating income (after tax) in 2008 is $ d) Comprehensive income in 2008 is $ e) Free cash flow in 2008 is $
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Answer rating: 100% (QA)
A 332300 128700 85800 117800 27000 90800 19500 71300 22800 48500 1 Sales ... View the full answer
Related Book For
Contemporary Financial Management
ISBN: 978-1285198842
13th edition
Authors: R. Charles Moyer, James R. McGuigan, Ramesh P. Rao
Posted Date:
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