The formula for EBITDA is: EBITDA = EBIT + Depreciation + Amortization Earnings before interest and taxes (EBIT) is a measurement that is commonly employed in accounting and finance as an indicator of a company's profit. It includes all expenses except interest and any income tax expenses. As...
Here's what happens when we run it on cells that contain $37,000, $44,000, and $68,000 for income values: As you can see, the formula returned the proper tax rate for all three. Multiplying the tax rate by the total income is simple, and will give you the amount of tax that y...