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Create an income statement with amounts in thousands

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Reference no: EM132408509

Question

Suppose Lightspeed Industries has the following revenue and expenses for 2018:

Revenues of $9,800,000

Cost of Goods Sold of $1,960,000

Depreciation Expenses of $800,000

Income Taxes of $2,196,000

Interest Expenses of $170,000

Other Expenses of $400,000

Sales, General, & Administrative Expenses of $980,000

Create an income statement with amounts in thousands

What is the value of Earnings Before Interest & Taxes?

Please specify your answer in the same units as the income statement.

Reference no: EM132408509

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