Month: October 2022

Profit And Loss Ebitda

Understand the meaning and differences of various terms found on a profit and loss statement. EBITDA Operating profit depreciation amortization In the above report operating profit is not given directly so we will calculate that by the given information. Understand the meaning and differences of various. Operating profit is also known as EBITDA. EBITEBITDA – […]

Express The Following Comparative Income Statements

Comparative Income Statements For Years Ended December 31 Current Year Prior Year Sales 720000 630000 Cost of goods sold 565400 291000 Gross profit 154600 339000 Operating expenses 129200 268400. Express the following comparative income statements in common-size percent. She was a university professor of finance and has written express the balance sheets in common size […]