What is the ebit for 2022? Income Statement year ending 2022 Sales Revenues $150,00 Cost of goods

What is the ebit for 2022?

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Income Statement year ending 2022 Sales Revenues $150,00 Cost of goods sold Fixed costs 20,000 Earnings before int, taxes & deprec Depreciation 5000 KBIT terest expense 2,000 Taxable Income Taxes Net Income ***Taxrale Dividens paid 20% 51000 Partial Balance Sheet 12/31/2021 LIABILITIES ASSETS Current Assets Cash Accounts receivable Inventories Total current assets Gross Fixed assets Accumulated depreciation Net Fixed assets Intangible assets TOTAL ASSETS Current Liabilities $3,000 Notes payable 1,000 Accounts payable 5.99 Total current liabilities Long-term debe Total Liabilities OWNERS EQUITY 14.000 Retained earnings Common stock Total owner's equity TOTAL LIABILITIES & OWNER'S EQUITY These are cumulative retained earnings but simply call ag Partial Balance Sheet 12/31/2022 ASSETS LIABILITIES Current Assets Cument Liabilities Cash $3,000 Notes payable Accounts receivable Inventories 9,000 Accounts payable Total current assets Gross Fixed assets Accumulated depreciation Net Fixed Assets Intangible assets Total long-term ass TOTAL ASSETS 4.00 Total current liabilities Long-term debt 88,000 Total liabilities OWNERS EQUITY Retained earnings Common stock Total owner's equity TOTAL LIABILITIES & OWNER'S EQUITY When answering the questions (filling in the blanks), DO NOT use dollar signs, DO NOT USE commas to separate thousands. DO NOT use parenthesis to denote negative numbers, USE the negative sign and place it in front of first digit of your answer when your answer is a negative number. Round to the nearest dollar. Earnings before interests and Taxes (EBIT) for 2022 is Income Statement year ending 2022 Sales Revenues $150,00 Cost of goods sold Fixed costs 20,000 Earnings before int, taxes & deprec Depreciation 5000 KBIT terest expense 2,000 Taxable Income Taxes Net Income ***Taxrale Dividens paid 20% 51000 Partial Balance Sheet 12/31/2021 LIABILITIES ASSETS Current Assets Cash Accounts receivable Inventories Total current assets Gross Fixed assets Accumulated depreciation Net Fixed assets Intangible assets TOTAL ASSETS Current Liabilities $3,000 Notes payable 1,000 Accounts payable 5.99 Total current liabilities Long-term debe Total Liabilities OWNERS EQUITY 14.000 Retained earnings Common stock Total owner's equity TOTAL LIABILITIES & OWNER'S EQUITY These are cumulative retained earnings but simply call ag Partial Balance Sheet 12/31/2022 ASSETS LIABILITIES Current Assets Cument Liabilities Cash $3,000 Notes payable Accounts receivable Inventories 9,000 Accounts payable Total current assets Gross Fixed assets Accumulated depreciation Net Fixed Assets Intangible assets Total long-term ass TOTAL ASSETS 4.00 Total current liabilities Long-term debt 88,000 Total liabilities OWNERS EQUITY Retained earnings Common stock Total owner's equity TOTAL LIABILITIES & OWNER'S EQUITY When answering the questions (filling in the blanks), DO NOT use dollar signs, DO NOT USE commas to separate thousands. DO NOT use parenthesis to denote negative numbers, USE the negative sign and place it in front of first digit of your answer when your answer is a negative number. Round to the nearest dollar. Earnings before interests and Taxes (EBIT) for 2022 is

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