636879653.

xlsx
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Accounting and Financial Analysis

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Accounting and Financial Analysis

Workout Information
Features Model Details
◦ Understand revenue recognition Company name ABC Incorporated
◦ Calculate key EBIT and EBITDA Date 31-Dec-15
◦ Understand tax rates Currency
◦ Normalize net income Units
Analyst Name Firstname Lastname
Circular Switch 0.0

Tab Structure Formatting

Workout Question practice
Input
Hard coded
Formulas

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Workout

Accounting and Financial Analysis

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Workout

Workout
Calculate EBITDA

Revenue 3,646.1
Cost of goods sold 2,370.0
Gross profit 1,276.1
Selling, general and administration 182.3
Profit before interest and tax 1,093.9
Interest expense 90.3
Profit before tax 1,003.5
Tax expense 208.8
Net income 794.8

The footnotes mention the following:

Research and development (included in SG&A) 22.4
Legal claim provision for product recall (in SG&A) 10.0
Depreciation and amortization 15.8
Marginal tax rate 20.0%

EBITDA

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