Operating at a negative to you still get taxed

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Firm has sales of 750000, cost of goods 610000, other expenses 125000 and depreciation 170000. Interest 60000and tax rate 35%. What is net loss and what is operating cash flow.? So, I calculated EBIT - 155000, EBT - 215000 Here should taxes be 35% of EBT? Confused . If you are operating at a negative to you still get taxed?

Reference no: EM131101140

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