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Unformatted text preview: sults in lower cost of goods sold (CGS), higher profits, higher EPS, and higher taxes, other factors held c Current Liabilities Acctounts Payable $4,159,357 Notes Payable $1,151,663 Total Current Liabilities $5,311,020 $6,655,610 4) Depr &amp; Amort = EBITDA - EBIT 3) EBIT = EBT + I Given 1) EBT = NI / (1-T) 2) Taxes = EBT x T Given Given 1) Costs = Revenue x % costs 2) EBITDA = Revenue - Costs 6) Depr &amp; Amort = EBITDA = EBIT 5) EBIT = EBT + I 3) EBT = NI / (1-T) 4) Taxes = EBT x T Given ANY FUTURE STUDENTS OF THE COURSE. irm is selling the newer inventory first, leaving the older inventor y on the balance sheet. constant. The opposite occurs during the deflationary (declining) cost enviro nments....
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This note was uploaded on 02/14/2011 for the course MGMT 640 taught by Professor Bathala during the Summer '09 term at UMBC.
- Summer '09