If I am sole proprietor of a small business, doesn't my salary make EBITDA near zero? When I add my salary to the employee EBITDA section, it goes up.
Md Ariful Islam
বিএসসি(সিএসই)
,
এমবিএ(মার্কেটিং)
4 views
1 Answers
Dr. Md Rushad Rahman
এমবিবিএস(আরপিএমসি)
,
পিজিটি(মেডিসিন)
Sole proprietors are usually not paid a salary, but withdraw cash from their business after operating expenses and other employees are paid. The business, and its owner, are taxed on its net income. Thus, an approximation could made for EDITDA.
4 views
Answered