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wilma's widgets had net sales of $7,642,400 in 2020. the cost of goods sold was $1,403,000, operating expenses (excluding depreciation) were $169,400, interest expenses were $339,080, depreciation expense was $314,760, and dividends paid were $216,660. the firm's tax rate is 35 percent. what did wilma's widgets report as earnings before interest and taxes (i.e., operating profit) in 2020?

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The cost of goods sold was $ 12799800 , operating expenses (excluding depreciation) were $ 3392610.
User BernardoGO
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