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Author | Topic: stuck on a EBIT calculation |
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Raymer@2014-11-12 17:01:25 |
Ok I'm stuck on a very easy problem Interest Expense=401 Pretax Income=1789 Net Income=930 Capitalized Interest=141 Amortization of Capitalized interest=47 I'm stuck trying to figure out how they got 2237 for EBIT. Assume that the company expensed interest as incurred. |

cfa84@2014-11-22 09:36:21 |
you have the pretax income of 1789 and add the interest expense 401 plus the capitalized interest for the year 1789+401+47=2237 pretax income has had interest expenses deducted already |

### CFA Discussion Topic: stuck on a EBIT calculation

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