24 Assume the tollowing in Excel Cell AI n argin of SNOCaUM

24) Assume the tollowing in Excel: Cell AI- - n argin of SNO,CaUM,SCA of SOC. Ce?AS-Depreciationperseolsm which of teklowing venue od s1000 Cel A2-CoS of 0 Cel fonnulas would rewh n ERIT b) Al-A2-A3-Al-AS D) A3-A4 AS 25) Whee a inn\' accounteable gow down, this is the rewslt ofpayng of a short-tem loan and erve sof unds for the lüm B) a customer source D) a suppler re he firmy us

Solution

24) Ans is option A = A3 - sum(A4,A5)

      EBIT = Gross profit - SGA - Depreciation expense

Ebit is profit before interest and tax, with this value we get to know value of company before the interest and taxes, and many ratios can be found out with is value

25) Ans is option C

      When a firms accounts payable goes down, this is the result of firm paying off a short term loan and serves as a use of funds for the firm.

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