Fundamentals of Corporate Finance (4th Edition) (Berk, DeMarzo & Harford, The Corporate Finance Series)
4th Edition
ISBN: 9780134475561
Author: Jonathan Berk, Peter DeMarzo, Jarrad Harford
Publisher: PEARSON
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Textbook Question
Chapter 20, Problem 1CQ
Based on the
1 | Year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
2 | Income Statement ($000s) | ||||||
3 | Sales | 100,000 | |||||
4 | Cost of Goods Sold | -45,333 | |||||
5 | Gross Profit | 54,667 | |||||
6 | Sales and Marketing | -15,000 | |||||
7 | Administration | -18,000 | |||||
8 | EBITDA | 21,667 | |||||
9 | -6,667 | ||||||
10 | EBIT | 15,000 | |||||
11 | Interest Expense (net) | -1,021 | |||||
12 | Pretax Income | 13,979 | |||||
13 | Income Tax | -4,893 | |||||
14 | Net Income | 9,086 |
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Chapter 20 Solutions
Fundamentals of Corporate Finance (4th Edition) (Berk, DeMarzo & Harford, The Corporate Finance Series)
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