| Sales | 20450 | |
| Costs | 10980 | |
| EBITDA | 9470 | |
| Depreciation | 5558 | [9470-5558] |
| EBIT | 3912 | [2997+915] |
| Interest expense | 915 | |
| EBT | 2997 | |
| Tax at 36% | 1079 | [1918*36%/64%] |
| Net Income | 1918 |
lack River Adventures has net income of $1,918, interest expense of $915, sales of $20,450, and...
WayneCorp, Inc., has sales of $555,000, costs of $300,000, depreciation expense of $40,000, interest expense of $12,000, and a tax rate of 32 percent. (Do not include the dollar sign ($).) What is this firm's net income?
Pharrell Inc., has sales of $588.000, costs of $270.000, depreciation expense of $69,500, interest expense of $36,500, and a tax rate of 40 percent. What is the net income for this firm? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Net income
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