Lets suppose a situation where:
Revenues $1.000.000
COGS $700.000
Operating Expenses $100.000
Depreciation $40.000
Amortization $60.000
Please, tell me I`m right or not:
Gross Profit = Revenues - COGS
Gross Profit = $1.000.000 - $700.000
Gross Profit = $300.000
Operating Income or EBIT = Gross Profit - Operating Expenses - Depreciation - Amortization
Operating Income or EBIT = $300.000 - $100.000 - $40.000 - $60.000
Operating Income or EBIT = $100.000
EBITDA = Gross Profit - Operating Expenses + Depreciation + Amortization
EBITDA = $300.000 - $100.000 + $40.000 + $60.000
EBITDA = $300.000
Is it right???
