Homework Answers
| Answer is $ 1269.46 | |||||
| Explanation: | |||||
| Addtions to Retained earnings | 418 | ||||
| Add: Dividend | 75 | ||||
| Net income after tax | 493 | ||||
| Add: Tax (493/65*35) | 265.46 | ||||
| Income before tax | 758.46 | ||||
| Add: Interest | 511 | ||||
| Earnings before interest and Tax | 1269.46 | ||||
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DI Question 6 1 pts Kaylor Equipment Rental paid $75 in dividends and $511 in interest...
Tim's Playhouse paid $255 in dividends and $220 in interest expense. The addition to retained earnings...
Tim's Playhouse paid $255 in dividends and $220 in interest expense. The addition to retained earnings is $325. The tax rate is 25 percent. Sales are $1,600, depreciation is $160, and there are other costs but you are not given this amount. What are the earnings before interest and taxes? O $773 O $965 $993 $1,440 O None of the above is correct.
Question 12 6 pts Beach Front Industries has sales of $546,000, costs of $295,000, depreciation expense...
Question 12 6 pts Beach Front Industries has sales of $546,000, costs of $295,000, depreciation expense of $37,000, interest expense of $15,000, and a tax rate of 21 percent. The firm paid $59,000 in cash dividends. What is the addition to retained earnings? O $81.700 O $103.460 O $95.200 O $121.680 $98.210
Papa Roach Exterminators, Inc., has sales of $699,000, costs of $285,000, depreciation expense of $36,000, interest...
Papa Roach Exterminators, Inc., has sales of $699,000, costs of $285,000, depreciation expense of $36,000, interest expense of $21,000, and a tax rate of 35 percent. If the firm paid out $76,000 in cash dividends. What is the addition to retained earnings? $___________________
Papa Roach Exterminators, Inc., has sales of $729,000, costs of $335,000, depreciation expense of $38,000, interest...
Papa Roach Exterminators, Inc., has sales of $729,000, costs of $335,000, depreciation expense of $38,000, interest expense of $21,000, and a tax rate of 35 percent. If the firm paid out $74,000 in cash dividends. What is the addition to retained earnings $181,750 $143,750 $202,750 $164,750 $129,375
Dividends paid? Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid...
Dividends paid?
Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Less: Taxes Net income $21,415 16,408 1611 3,396 1282 $ 2.114 740 $ 1,374 Galaxy Interiors 2017 and 2018 Balance Sheets is in millions) Cash Accounts receivabe Inventory Total Ne lixed assets 2017 2018 $ 668 $ 237 1.611 1.527 848 2.942 $6.127 4.771 17 489 17. 107 Accounts payable Notes payable Total long-term debt Common stock Retained earnings Total liab. &...
Pharrell,Inc, has sales of $604,000, costs of $254,000, depreciation expense of $61 1,500, interest expense of...
Pharrell,Inc, has sales of $604,000, costs of $254,000, depreciation expense of $61 1,500, interest expense of $28,500, and a tax rate of 35 percent. The firm paid out $45,500 in cash dividends What is the addition to retained earnings? (Do not round intermediate calculations and round your answer to the nearest Additon to retained eamings
Burlington Exterminators Inc. has sales of $734,000, costs of $315,000, depreciation expense of $48,000, interest expense...
Burlington Exterminators Inc. has sales of $734,000, costs of $315,000, depreciation expense of $48,000, interest expense of $35,000, a tax rate of 35% and paid out $85,000 in cash dividends. What is the addition to retained earnings? (Omit $ sign in your response.) Addition to retained earnings ta
Problem 2-3 Dividends and Retained Earnings [LO1] Griffin's Goat Farm, Inc., has sales of $672,000, costs...
Problem 2-3 Dividends and Retained Earnings [LO1] Griffin's Goat Farm, Inc., has sales of $672,000, costs of $334,000, depreciation expense of $78,000, interest expense of $49,000, a tax rate of 25 percent, and paid out $44,000 in cash dividends. What is the addition to retained earnings? (Do not round intermediate calculations.) Addition to retained earnings This is a numeric cell, so please enter numbers only.
14. Carlisle Carpets has cost of goods sold of $92,511, interest expense of $4,608, dividends paid...
14. Carlisle Carpets has cost of goods sold of $92,511, interest expense of $4,608, dividends paid of $3,200, depreciation of $14,568, an increase in retained earnings of $11,920, and a tax rate of 21 percent. What is the operating cash flow? A. $34,296.00 B. $42,122.42 C. $36,462.58 D. $31,543.10 E. $36,741.42
Intro LongGone Corp. had total operating expenses of $84 million last year, including depreciation, and paid...
Intro LongGone Corp. had total operating expenses of $84 million last year, including depreciation, and paid $5.2 million in interest. The company also paid out $51 million in dividends, while the addition to retained earnings increased equity by 80%. The average tax rate was 34% and the average interest rate on the company's debt was 6.7%. The payout ratio was 30%. Part 1 What was the profit margin? E Attempt 1/10 for 12 pts. 3+ decimals Submit Attempt 1/10 for...
Tim's Playhouse paid $255 in dividends and $220 in interest expense. The addition to retained earnings is $325. The tax rate is 25 percent. Sales are $1,600, depreciation is $160, and there are other costs but you are not given this amount. What are the earnings before interest and taxes? O $773 O $965 $993 $1,440 O None of the above is correct.
Question 12 6 pts Beach Front Industries has sales of $546,000, costs of $295,000, depreciation expense of $37,000, interest expense of $15,000, and a tax rate of 21 percent. The firm paid $59,000 in cash dividends. What is the addition to retained earnings? O $81.700 O $103.460 O $95.200 O $121.680 $98.210
Dividends paid?
Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Less: Taxes Net income $21,415 16,408 1611 3,396 1282 $ 2.114 740 $ 1,374 Galaxy Interiors 2017 and 2018 Balance Sheets is in millions) Cash Accounts receivabe Inventory Total Ne lixed assets 2017 2018 $ 668 $ 237 1.611 1.527 848 2.942 $6.127 4.771 17 489 17. 107 Accounts payable Notes payable Total long-term debt Common stock Retained earnings Total liab. &...
Pharrell,Inc, has sales of $604,000, costs of $254,000, depreciation expense of $61 1,500, interest expense of $28,500, and a tax rate of 35 percent. The firm paid out $45,500 in cash dividends What is the addition to retained earnings? (Do not round intermediate calculations and round your answer to the nearest Additon to retained eamings
Burlington Exterminators Inc. has sales of $734,000, costs of $315,000, depreciation expense of $48,000, interest expense of $35,000, a tax rate of 35% and paid out $85,000 in cash dividends. What is the addition to retained earnings? (Omit $ sign in your response.) Addition to retained earnings ta
Problem 2-3 Dividends and Retained Earnings [LO1] Griffin's Goat Farm, Inc., has sales of $672,000, costs of $334,000, depreciation expense of $78,000, interest expense of $49,000, a tax rate of 25 percent, and paid out $44,000 in cash dividends. What is the addition to retained earnings? (Do not round intermediate calculations.) Addition to retained earnings This is a numeric cell, so please enter numbers only.
14. Carlisle Carpets has cost of goods sold of $92,511, interest expense of $4,608, dividends paid of $3,200, depreciation of $14,568, an increase in retained earnings of $11,920, and a tax rate of 21 percent. What is the operating cash flow? A. $34,296.00 B. $42,122.42 C. $36,462.58 D. $31,543.10 E. $36,741.42
Intro LongGone Corp. had total operating expenses of $84 million last year, including depreciation, and paid $5.2 million in interest. The company also paid out $51 million in dividends, while the addition to retained earnings increased equity by 80%. The average tax rate was 34% and the average interest rate on the company's debt was 6.7%. The payout ratio was 30%. Part 1 What was the profit margin? E Attempt 1/10 for 12 pts. 3+ decimals Submit Attempt 1/10 for...
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