solved : Image transcription textFinancing Deficit Garlington Technol
Image transcription textFinancing Deficit Garlington Technologies Inc.’s 2019 financial statements are shown below: Income Statementfor December 31, 2019 Sales $4.000.000 Operating costs 3.200.000 EBIT $ 800,000 Interest 120,000Pre-tax earnings $ 680,000 Taxes (25%) 170,000 Net income 510.000 Dividends $ 190,000 Bala… Show more… Show more AccountingBusinessManagerial Accounting
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