Vinnys Overhead Construction had free cash flow during 2015 of $25.4 million. The change in...
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| Vinnys Overhead Construction had free cash flow during 2015 of $25.4 million. The change in gross fixed assets on Vinnys balance sheet during 2015 was $5.0 million and the change in net operating working capital was $6.0 million. |
| Calculate the missing amounts on Vinnys income statement below. (Enter your answers in millions of dollars rounded to 2 decimal places. Input all amounts as positive values.) |
| VINNYS OVERHEAD CONSTRUCTION, CORP. Income Statement for Year Ending December 31, 2015 (in millions of dollars) | ||
| Net sales | $ | |
| Less: Cost of goods sold | 118.1 | |
| Gross profits | $ | 61.00 |
| Less: Other operating expenses | 14.40 | |
| Earnings before interest, taxes, depreciation, and amortization (EBITDA) | $ | 46.60 |
| Less: Depreciation | 12.60 | |
| Earnings before interest and taxes (EBIT) | $ |
|
| Less: Interest | ||
| Earnings before taxes (EBT) | $ | |
| Less: Taxes | ||
| Net income | $ | 15.54 |
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