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Income statement for 2016 Sales are expected to increase by .pdf

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Income statement for 2016 Sales are expected to increase by 10% in 2017, while costs including depreciation are expected to reach 60% of sales. Interest expenses and the average tax rate are expected to stay constant (in $) 2016 Sales 360,000 Costs (incl. depr.) 252,000 EBIT 108,000 Interest 25,000 Taxes (28%) 23,240 Net income 59,760.

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Income statement for 2016 Sales are expected to increase by 10% in 2017, while costs including depreciation are expected to reach 60% of sales. Interest expenses and the average tax rate are expected to stay constant (in $) 2016 Sales 360,000 Costs (incl. depr.) 252,000 EBIT 108,000 Interest 25,000 Taxes (28%) 23,240 Net income 59,760

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  • 1. Income statement for 2016 Sales are expected to increase by 10% in 2017, while costs including depreciation are expected to reach 60% of sales. Interest expenses and the average tax rate are expected to stay constant (in $) 2016 Sales 360,000 Costs (incl. depr.) 252,000 EBIT 108,000 Interest 25,000 Taxes (28%) 23,240 Net income 59,760