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Volbeat Corp. shows the following information on its 2015 income statement: sales = $231,000; costs = $135,000; other expenses = $7,900; depreciation expense = $14,400; interest expense = $14,300; taxes = $20,790; dividends = $11,500. In addition, you’re told that the firm issued $5,800 in new equity during 2015 and redeemed $4,300 in outstanding long-term debt.
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= * **** ************ * $
***** EBIT = $ *****
******** * * ***** Taxes
= * ***** ********* =
$ 11500 ****** * $
***** Redeemed * $ *****
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************ - ****** OCF
= $73700 * 14400 * ****** ***
* ******* *** * Interest * ***
*** LTD ***
* $14300 - ******** CFC * $18600
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* $11500 * ***** *** * *****
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**** is your ******