All categories

2 years ago

Baldwin's ebit (earnings before interest and taxes) last year was $21,771,033. what was baldwin's net profit?

Business

1 answer:

Ganezh [65]2 years ago

3 0

Baldwin's EBIT (earnings before interest and taxes) last year was $21,771,033. $223,085 was Baldwin's net profit.

Earnings before interest and taxes (EBIT) is a measure of a company's profitability. EBIT can be calculated as revenue minus expenses, excluding taxes and interest. EBIT is also known as operating profit, operating profit, and profit before interest and tax.

Earnings before interest and taxes (EBIT) and earnings before interest, taxes, depreciation, and amortization (EBITDA) are very similar profitability measures. However, EBITDA adds depreciation, while EBIT does not. Both formulas start with net income, plus interest and taxes.

Operating profit is an important figure that managers should pay attention to because it reflects the income and expenses that they can control. Operating profit and EBIT (earnings before interest and tax) are the same.

Learn more about EBIT here

brainly.com/question/14565042link

#SPJ4

You might be interested in

The run-time stack:_______

Bond [772]

B. Helps keep track of the execution of recursive and non recursive programs

5 0

3 years ago

A good marketing plan helps managers make strategic planning decisions and provides a framework for effective implementation and

m_a_m_a [10]

A good marketing plan helps managers make strategic decisions and provides a framework for effective implementation and control.

<h3>What are implementation and control?</h3>

One of many strategic controls available to the company to help direct the strategy's execution is implementation control. Implementation control aims to ensure that results are being delivered while maintaining strategy execution on course as planned.
The process of putting plans into practice to achieve the desired outcome is known as strategy implementation. In essence, it's the art of accomplishing things. Every organization's ability to carry out choices and crucial procedures effectively, consistently, and efficiently determine how successful it will be.
Implementation control typically establishes performance standards, assesses actual performance, and identifies the reasons why these standards weren't met. Implementation controls also include timelines, budgets, and milestones.
Security measures can also be categorized in different ways based on how they are implemented. Technical, managerial, and operational are the three main categories for implementation.

A good marketing plan helps managers make strategic decisions and provides a framework for effective implementation and control.

To learn more about implementation and control, refer to:

brainly.com/question/14273000

#SPJ4

3 0

2 years ago

Limerick, Inc. has budgeted total sales for January, February, and March of $800,000, $900,000, and $950,000 respectively. Cash

Naya [18.7K]

Answer:

$905,000

Explanation:

February Collection will be as follows :

<em>February Collection = Cash Sales + Credit Sales </em>

= $900,000 x 25 % + $900,000 x 40 % + $800,000 x 60 %

= $905,000

the amount of cash received from sales during the month of February is $905,000.

7 0

3 years ago

A decrease in demand for cameras would likely be caused by

nignag [31]

A decrease in demand for cameras would likely be caused by increased abilities in cell phones for filming

3 0

3 years ago

Name two arguments that support international trade.

sergij07 [2.7K]

(Two arguments that support IT) - 1: people will still continuing to vote or trade other countries, 2: people will get good wages with their trades. (Two arguments that do not support IT) - 1: upon their trades, they will get high taxes, 2: some people trades that was stolen from the society. In my opinion the world and the USA are usually similar, in fact USA will eventually hated the IT because the Russians and its friends and at Middle East still continuing and make an agreement to other neighbor countries and the worst part they are still continuing trading weapons, or parts of the nuclear weapon.

7 0

3 years ago

Read 2 more answers