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A company named Xyzzy made a profit of $2,678,987 after the bonus for the year 2018....
Please Calculate EVA (Economic Value Added) of the company for 2018 and 2019. Information: Operating profit...
Please Calculate EVA (Economic Value Added) of the company for 2018 and 2019. Information: Operating profit before tax: 2018: $5.698 (in Million) 2019: $5.700 (in Million) Tax: 2018: $1.676 (in Million) 2019: $1.600 (in Million) another information: average invested capital is $20.308 million for 2018, and $18.091 million for the year 2019, while the cost of capital of 9% for out of 2018 and 2019
Beta Company purchased machinery on June 1, 2018 for $89,000. It provided the following data: Estimated...
Beta Company purchased machinery on June 1, 2018 for $89,000. It provided the following data: Estimated Residual Value - $5 000 Estimated Service Life – 8 years Estimated Total Work Hours – 42 000 hours Estimated Total Production – 525 000 units Machine Usage (2018) – 5 500 hrs (2019) – 6 000 hrs Machine Production (2018) – 48 000 units (2019) – 55 000 units Beta Company uses a fractional-year policy to the nearest full month and its financial...
help me please ? thank you ? The profit for 2019 of Dwight Company before any...
help me please ? thank you ?
The profit for 2019 of Dwight Company before any deduction for bonus and income tax amounted to P2,500,000. Under an incentive compensation plan, the general manager is entitled to year-end bonus of 10% of the profit before deducting the bonus but after deducting the income tax. Income tax rate is 30%. The manager's bonus for 2019 was A. 169,903 B. 180,412 C. 227,273 D. 163,551
Beta Company purchased machinery on June 1, 2018 for $89,000. It provided the following data: Estimated...
Beta Company purchased machinery on June 1, 2018 for $89,000. It provided the following data: Estimated Residual Value - $5 000 Estimated Service Life – 8 years Estimated Total Work Hours – 42 000 hours Estimated Total Production – 525 000 units Machine Usage (2018) – 5 500 hrs (2019) – 6 000 hrs Machine Production (2018) – 48 000 units (2019) – 55 000 units Beta Company uses a fractional-year policy to the nearest full month and...
Question 2 16 marks Beta Company purchased machinery on June 1, 2018 for $89,000. It provided...
Question 2 16 marks Beta Company purchased machinery on June 1, 2018 for $89,000. It provided the following data: Estimated Residual Value - $5 000 Estimated Service Life -8 years Estimated Total Work Hours - 42 000 hours Estimated Total Production - 525 000 units Machine Usage (2018) - 5 500 hrs (2019) - 6 000 hrs Machine Production (2018) - 48 000 units (2019) - 55 000 units Beta Company uses a fractional-year policy to the nearest full month...
2018 was an exciting year for Avery Brothers, Inc. Their big expansion was completed and their ne...
2018 was an exciting year for Avery Brothers, Inc. Their big expansion was completed and their new line went live. The expansion cost $4,000,000. They had some issues in construction but they managed to get those resolved and they were able to go live just before Thanksgiving on November 15, 2018. Because they were late in the year, their profit before depreciation and taxes was only $3,000,000. They told the bank, from whom they borrowed some of the funds, they...
Eyes and Mouth started an accounting firm on January 1, 2018. Each partner brought GHC15,000 but...
Eyes and Mouth started an accounting firm on January 1, 2018. Each partner brought GHC15,000 but Eyes made an additional payment of GHC10,000 to the firm. The profit for the first year was GHC8,500, and during the course of the year each partner had taken GHC2,400 from the firm for personal use. Requirement One: Prepare i. The partners appropriation account for the first year (January 1 to December, 2018) ii. Partners current accounts for the first year (January 1 to...
3. On February 1, 2018, Arrow Construction Company entered into a three-year construction contract to build a bridge for a price of $8,300,000. During 2018, costs of $2,100,000 were incurred...
3.
On February 1, 2018, Arrow Construction Company entered into a three-year construction contract to build a bridge for a price of $8,300,000. During 2018, costs of $2,100,000 were incurred with estimated costs of $4,100,000 yet to be incurred. Billings of $2,600,000 were sent, and cash collected was $2,350,000. In 2019, costs incurred were $2,600,000 with remaining costs estimated to be $3,750,000. 2019 billings were $2,850,000 and $2,575,000 cash was collected. The project was completed in 2020 after additional costs...
Profit after tax of Starscream Trade Ltd. at the end of the year 2018 is $90,000,...
Profit after tax of Starscream Trade Ltd. at the end of the year 2018 is $90,000, some other financial ratios of the year are in the below table: Return on assets (ROA) =15% Asset turnover ratio (times)=3 Gross profit margin = 30% The cost of goods sold for the company in 2018 is: (a) $1,300,000 (b) $1,620,000 (c) $1,260,000 (d) $1,250,000
a. Calculate the firm's net operating profit after taxes (NOPAT) for the year ended December 31,...
a. Calculate the firm's net operating profit after taxes (NOPAT) for the year ended December 31, 2019 b. Calculate the firm's operating cash flow (OCF) for the year ended December 31, 2019 c. Calculate the firm's free cash flow (FCF) for the year ended December 31, 2019 d. Interpret, compare and contrast your cash flow estimate in parts (b) and (c) Keith Corporation Balance Sheets December 31 Assets Cash Marketable securities Accounts receivable Inventories 2019 2018 $1,510 1,750 1,980 2,860...
help me please ? thank you ?
The profit for 2019 of Dwight Company before any deduction for bonus and income tax amounted to P2,500,000. Under an incentive compensation plan, the general manager is entitled to year-end bonus of 10% of the profit before deducting the bonus but after deducting the income tax. Income tax rate is 30%. The manager's bonus for 2019 was A. 169,903 B. 180,412 C. 227,273 D. 163,551
Question 2 16 marks Beta Company purchased machinery on June 1, 2018 for $89,000. It provided the following data: Estimated Residual Value - $5 000 Estimated Service Life -8 years Estimated Total Work Hours - 42 000 hours Estimated Total Production - 525 000 units Machine Usage (2018) - 5 500 hrs (2019) - 6 000 hrs Machine Production (2018) - 48 000 units (2019) - 55 000 units Beta Company uses a fractional-year policy to the nearest full month...
3.
On February 1, 2018, Arrow Construction Company entered into a three-year construction contract to build a bridge for a price of $8,300,000. During 2018, costs of $2,100,000 were incurred with estimated costs of $4,100,000 yet to be incurred. Billings of $2,600,000 were sent, and cash collected was $2,350,000. In 2019, costs incurred were $2,600,000 with remaining costs estimated to be $3,750,000. 2019 billings were $2,850,000 and $2,575,000 cash was collected. The project was completed in 2020 after additional costs...
a. Calculate the firm's net operating profit after taxes (NOPAT) for the year ended December 31, 2019 b. Calculate the firm's operating cash flow (OCF) for the year ended December 31, 2019 c. Calculate the firm's free cash flow (FCF) for the year ended December 31, 2019 d. Interpret, compare and contrast your cash flow estimate in parts (b) and (c) Keith Corporation Balance Sheets December 31 Assets Cash Marketable securities Accounts receivable Inventories 2019 2018 $1,510 1,750 1,980 2,860...
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