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Income statement for the company

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A company buys 2mm items for $3 each and sells 1mm of those items during a year for $6 each. Marketing expenses are $200k for the year. The company has $3mm of debt with a 5% interest rate. Its depreciation expense for the year is $100k. The company's income tax rate is 30%. Create an income statement for the company. Also, what is EBITDA?

Reference no: EM132420979

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