projected ebit
DESCRIPTION
EBIT CalculationsTRANSCRIPT
Projected EBIT = $25.5mMaximum interest expense = $25.5m 0.5 = $12.8mMaximum net interest expense |(Current interest expense=$8.7m)=$12.8m - $8.7m =$4.1mMaximum possible borrowing| = Difficult to rely exclusively on debt financing to fund its planned expansion