BigBob's Hamburger Palace reported $11,401 of sales, $7,223 of operating costs other than depreciation, and...
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BigBob's Hamburger Palace reported $11,401 of sales, $7,223 of operating costs other than depreciation, and $958 of depreciation. The company had no amortization charges and no non-operating income. It had $9,000 of bonds outstanding that carry a 9.5% interest rate, and its federal-plus-state income tax rate was 27%. How much was BigBob's operating income, or EBIT? Post your answer in whole numbers: 1,990 for example. Question 3 13 pts Jo's Zippers reported (in millions) \$11,946 of sales, \$7,348 of operating costs other than depreciation, and $950 of depreciation. The company had no amortization charges and no non-operating income. It had $18,000 of bonds outstanding that carry a 9.5% interest rate, and its federal-plus-state income tax rate was 26%. How much was the firm's taxable income, or earnings before taxes (EBT)? Post your answer in whole numbers: 1,990 for example
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