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this video was 10/10
Thank you , this helped me a lot
this helped me alot, thank you Sir
indeed helpful
Thank you sir
thank you
If you are talking about interest earned then I believe you should add it to EBIT to get taxable income. So in your example, taxable income would be 2,860. Take 35% of that to get taxes.
EBIT is revenues minus operating expenses what does have to to with interest paid or earned ??
How is taxable income calculated if you have EBIT = 2500, Corporate tax = 35%, and i have Interest = 360. (Interest, NOT interest paid)
Shouldn't Notes Payable be deducted from the current liabilities?
he didnt calculate current liabilities one by one. he just used the total amount
this is wrong
this video was 10/10
Thank you , this helped me a lot
this helped me alot, thank you Sir
indeed helpful
Thank you sir
thank you
If you are talking about interest earned then I believe you should add it to EBIT to get taxable income. So in your example, taxable income would be 2,860. Take 35% of that to get taxes.
EBIT is revenues minus operating expenses what does have to to with interest paid or earned ??
How is taxable income calculated if you have EBIT = 2500, Corporate tax = 35%, and i have Interest = 360. (Interest, NOT interest paid)
Shouldn't Notes Payable be deducted from the current liabilities?
he didnt calculate current liabilities one by one. he just used the total amount
this is wrong