Excel Activity: Financial statements, cash flow and taxes for Laiho Industries. Sales for 2021 were...
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Excel Activity: Financial statements, cash flow and taxes for Laiho Industries. Sales for 2021 were $461,650,000, and EBITDA was 15% of sales. Furthermore, depreciation and amortization were 17% of net fixed assets, interest was 8,869,000, the corporate taxes rate was 25%, and Laiho pays 47.25% of its net income as dividends. Given this information, construct the firm's 2021 income statement.
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