Answer:
Wilma's Widgets will report $3,880,749.00 as earnings before interest and taxes (i.e., operating profit) in 2010
Explanation:
Earnings before interest and tax= net sales-cost of goods sold-operating expenses-depreciation
net sales is $20,882,696
cost of goods sold is $13,765,751
operating expenses are $2,014,441
depreciation is $1,221,755
earnings before interest and tax=$20,882,696- $13,765,751- $2,014,441-$1,221,755=$3,880,749.00
