Challenging Business Problems with Detailed Answers
arco steel, inc. generated total sales of $45,565,200 during fiscal 2010. depreciation and amortization for the year totaled $2,278,260, and cost of goods sold was $27,339,120. interest expense for the year was $9,641,300 and selling, general, and administrative expenses totaled $4,556,520 for the year. what is arco's ebit for 2010?