Assume the following for your corporation: sales (aka revenue) = $250 Cost of goods sold =...
Assume the following for your corporation:
sales (aka revenue) = $250
Cost of goods sold = 160
depreciation = 35
Interest Expense = 20
tax rate = 34%
What is the corporation's total after tax net income?
|
23.10 |
||
|
11.90 |
||
|
35.00 |
||
|
46.20 |
||
|
36.30 |
Homework Answers
Net income = (Sales - COGS - depreciation - interest expense)(1 - tax)
Net income = (250 - 160 - 35 - 20)(1 - 0.34)
Net income = 35 * 0.66
Net income = 23.10
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Assume the following for your corporation:
sales (aka revenue) = $250
Cost of goods sold =...
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QUESTION 17 1 points Save Answer Assume the following for your corporation: sales (aka revenue)- $250 Cost of goods sold 160 depreciation 35 Interest Expense 20 tax rate-34% What is the corporation's total after tax net income? ? 23.10 O 11.90 O 35.00 O 46.20 O 36.30 QUESTION 18 1 pointsSave Answer In a reasonably efficient market, at the time of an announcement, market prices react to O The announcement of new information that was unanticipated O The announcement of...
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LiST OF OPTIONS AND ACCOUNTS:
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Sales Revenue
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Income Before Income Taxes
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