I need help with calculating the amount of the firm's EBIT

Business & Finance
Tutor: None Selected Time limit: 1 Day

Advantage First Corporation has sales of $4,451,020; income tax of $385,539; the selling, general and administrative expenses of $274, 801; depreciation of $374,435; cost of goods sold of $2,798,610; and interest expense of $129,645. What is the amount of the firm’s EBIT?

Aug 21st, 2015

Thank you for the opportunity to help you with your question!

EBIT.docx SEE ATTACHED DOCUMENT

Please let me know if you need any clarification. I'm always happy to answer your questions.
Aug 21st, 2015

EBIT IS , EARNINGS before interest and taxes (EBIT). Hope all is clear.Please reach out to me again if you have any other questions and I would be happy to help!


Aug 21st, 2015

Thank you for your quick response. Sorry for the late reply. I will ask for more questions if I have any. Thank you!

Aug 22nd, 2015

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Aug 21st, 2015
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Aug 21st, 2015
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