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Advantage First Corporation has sales of 4,910,720; income tax of 549,334; the selling, general and administrative expenses of 204,620; depreciation
Advantage First Corporation has sales of 4,910,720; income tax of 549,334; the selling, general and administrative expenses of 204,620; depreciation of 316,494; cost of goods sold of 2,778,850; and interest expense of 194,061. What is the amount of the firm's EBIT?
SalesCOGSS&D EDepEBITIntEBTTaxPAT 4910720277885020462031649416107561940611416695549334867361 EBIT = Sales-COGS-S&DE-Dep