The three ways to identify an opportunity include ________. reading books, solving a problem, and findings gaps in the marketpla
1 answer:
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Answer:
$9,032,853
Explanation:
Given:
Net income = $5,411,623
Taxes rate = 34% = 0.34
Revenues = $20,433,770
Interest expense for the year = $1,122,376
Depreciation expense = $2,079,112
Now,
Earnings before taxes (EBT) =
or
Earnings before taxes (EBT) =
or
Earnings before taxes (EBT) = $8,199,428.78
EBIT = Earnings before taxes + Interest expenses
or
EBIT = $8,199,428.78 + $1,122,376
or
EBIT = $9,321,804.78
EBITDA = EBIT + Depreciation expense
or
EBITDA = $9,321,804.78 + $2,079,112
or
EBITDA = $11,400,916.78
Therefore,
The operating expenses = Revenue - EBITDA
or
The operating expenses = $20,433,770 - $11,400,916.78
or
The operating expenses = $9,032,853.22 ≈ $9,032,853