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Package 4: Valuation Mod...
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JCP Inputs
Questions/Discussions
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JCP Trading Comps: about EBIT and impairment
Hi there, here I have a couple of questions on this class:
(1). I did not understand why we calculated EBIT as EBT + Net Interest Expense since in p.13 in our 10K they state clearly that the company considers the OPERATING PROFIT (EBIT), calculated as Gross Margin - SG&A, as a key measurement...
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I am not questioning the adjustment but wanted to clarify, we covered reporting investing at cost before under accounting bootcamp course, how does this result in a difference between book tax and tax paid (tax basis is lower than book tax)? Read More