For its most recent fiscal year, Cullumber Hobby Shop recorded EBITDA of $ 513,563.00, EBIT of $362,450.20, zero interest expense, and cash flow to investors from operating activity of $ 348,341.30. Assuming there are no noncash revenues recorded on the income statement, what is the firm's net income after taxes? (Round answer to 2 decimal places, e.g. 15.25.) Net income ?

For its most recent fiscal year, Cullumber Hobby Shop recorded EBITDA of $ 513,563.00, EBIT of $362,450.20, zero interest expense, and cash flow to investors from operating activity of $ 348,341.30. Assuming there are no noncash revenues recorded on the income statement, what is the firm's net income after taxes? (Round answer to 2 decimal places, e.g. 15.25.) Net income ?

Name: For its most recent fiscal year, Cullumber Hobby Shop recorded EBITDA
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Description: For its most recent fiscal year, Cullumber Hobby Shop recorded EBITDA of $ 513,563.00, EBIT of $362,450.20, zero interest expense, and cash flow to investors from operating activity of $ 348,341.30. Assuming there are no noncash revenues recorded on

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter15: Financial Statement Analysis

Section: Chapter Questions

Problem 52E: Juroe Company provided the following income statement for last year: Juroes balance sheet as of...

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