Income Assets Sales $550 Net working capital $180 Cost of goods sold 275 Fixed assets 1170 Selling, general and admin ex
Posted: Thu May 19, 2022 6:41 am
Income Assets Sales $550 Net working capital $180 Cost of goods sold 275 Fixed assets 1170 Selling, general and admin expenses 75 Depreciation 360 EBT $200 Tax (20%) $40.0 Other assets 110 Net Income $160 Assuming the cost of capital is 10%, determine the economic profit. a. Can not be determined ob. $40 C. $140 d. $50