Homework Answers
Statement showing net income after tax
| Particulars | Amount |
| Revenue | 888200 |
| Less : General and Administrative Expense | 351400 |
| Less : Leasing expense | 108195 |
| EBITDA | 428605 |
| Less : Depreciation | 131455 |
| EBIT | 297150 |
| Less : Interest | 78122 |
| EBT | 219028 |
| Less : Tax @34% | 74470 |
| EAT/Net income | 144558 |
Thus net income after tax = 1,44,558$
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Exercise 8-13 Partially correct
answer. Your answer is partially correct. Try again. Record the
following transactions for Cullumber Company in the general
journal. (Credit account titles are automatically indented when
amount is entered. Do not indent manually. Record journal entries
in the order presented in the problem.)
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Exercise 8-13 Partially correct
answer. Your answer is partially correct. Try again. Record the
following transactions for Cullumber Company in the general
journal. (Credit account titles are automatically indented when
amount is entered. Do not indent manually. Record journal entries
in the order presented in the problem.)
Record the following transactions for Cullumber Company in the general journal. (Credit account titles are automatically indented w problem.) 2019 1 Received a $6,000, 12-months, 8% note in exchange for Mark Chamber's outstanding...
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