You are given the following information for Troiano Pizza Company: sales = $77,600; costs =...
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Accounting
You are given the following information for Troiano Pizza Company: sales = $77,600; costs = $38,050; addition to retained earnings = $6,875, dividends paid = $2,430; interest expense = $5,420; tax rate = 23 percent. Calculate the net income. Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. Net income Calculate the taxable income. Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. Taxable income 4 Calculate the EBIT. Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.
You are given the following information for Trolano Pizza Company: sales =$77,600, costs =$38,050; addition to retained earnings = $6,875; dividends paid =$2,430, interest expense =$5,420, tax rate =23 percent. Calculate the net income. Note: Do not round intermediate calculations and round your answer to the neorest whole number, e.g., 32. Calculate the taxable income. Note: Do not round intermediote calculations and round your answer to the nearest whole number, e.g., 32. Calculate the EBIT. Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.9., 32
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