Question

Given the following data from Swamp & Sand Industries, calculate the EBIT. The tax rate is...

Given the following data from Swamp & Sand Industries, calculate the EBIT. The tax rate is 30%.

Sales 11412
Cost of Sales 4180
SGA 1976
Depreciation 1367
Interest Expense 471
NWC 512
CapEx 1031
Dividends 112

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Answer #1
sales 11,412.00
cost of sale 4,180.00
net profit (EBIT) 7,232.00

Note:-cost of sales includes the SGA COST as well as depreciation cost.

cost of goods sold includes the depreciation expense and when SGA is added in it , it becomes cost of sale.

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