Business, 12.03.2021 15:20 alexdziob01
St. McStanky Beer Co. Income Statement For the Year Ending on December 31 (Millions of dollars)
Year 2 Year 1
Net Sales 6,350 5,000
Operating costs except depreciation and amortization 1,365 1,268
Depreciation and amortization 318 200
Total Operating Costs 1,683 1,468
Operating Income (or EBIT) 4,667 3,532
Less: Interest 467 371
Earnings before taxes (EBT) 4,200 3,161
Less: Taxes (40%) 1,680 1,264
Net Income 2,520 1,897
Required:
Calculate the profitability ratios of St. McStanky Beer Co.
Answers: 2
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St. McStanky Beer Co. Income Statement For the Year Ending on December 31 (Millions of dollars)
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