Blanca is considering selling her blossoming art business, but is unsure what fair value would be. A friend in accounting told her she could help if she can calculate her EBIT. She has sold 120 art collages for $300. Her expenses are minimal since she usually uses recycled materials. She estimates it costs her about $4 per collage and she has created 200 collages this year. Help her calculate her EBIT. Annual Revenue Annual Expenses, and EBIT

40 x 50 = 2000

step-by-step explanation:

graph them on a graphing calculator, press 2nd trace. select intersect. hit enter until it says answer. ti 84 works best

step-by-step explanation:

take the logarithm of both sides (the base of the log doesn't matter):

apply the exponent property - this says that :

distribute the log terms on both sides:

group like terms together:

divide through both sides by the coefficient on :

you can do some additional rewriting here using the properties of the logarithm to simplify things if you like: