Edge Brothers recently reported net income of $385,000.
rate is 40 percent.
The company’s interest expense was $200,000.
What would have been the company’s net income if it would have been
able to double its operating income (EBIT), assuming that the
company’s tax rate and interest expense remain unchanged?
Net cash flow
Coolidge Cola is forecasting the following income statement:
Operating costs excluding depreciation and amortization 20,000,000
Depreciation and amortization
Operating income (EBIT)
Taxable income (EBT)
Assume that, with the exception of depreciation, all other non-cash
revenues and expenses sum to zero.
Congress is considering a proposal that will allow companies to