Question: Using the information below, calculate the recurring earnings before interest and tax (EBIT). Total revenue 2,677,554.0 Cost of sales 2,072,230.0 Gross profit 605,324.0 Selling expenses

Using the information below, calculate the recurring earnings before interest and tax (EBIT). Total revenue 2,677,554.0 Cost of sales 2,072,230.0 Gross profit 605,324.0 Selling expenses 235,776.0 General and administrative expenses 210,691.0 Research and development expenses 36,111.0 Restructuring costs 144,602.0 Operating profit (loss) (21,856.0) Finance expenses 8,073.0 Income (loss) before income taxes (29,929.0) Income taxes 8,660.0 Net income/(loss) (21,269.0) Select one: 114,673.0 (21,856.0) 122,746.0 123,333.0

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