CFA 101 - Lakehead University
2000 2001 Sales 100 100 Cost of Goods Sold (55) (60) Gross Profit 45 40 Selling General & Administrative (5) (5) Depreciation (7) (8) Operating Profit (EBIT) 33 37 Interest Expense (15) (7) Earnings before Taxes 18 30 Income Tax Expense (7) (13) Earnings after Taxes 11 17 Analysis of this data indicates that from 2000 to 2001: ................
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