Iris Income Statement Cost of Goods Sold – 350 Depreciation Expense – 35 Interest Expense – 20 Operating Expense (excluding depreciation) – 115 Sales…
Iris Income Statement
Cost of Goods Sold – 350
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Order Paper NowDepreciation Expense – 35
Interest Expense – 20
Operating Expense (excluding depreciation) – 115
Sales – 680
What was Iris Inc.’s earnings before interest and taxes (EBIT)?
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