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QUESTION 20 Suppose that a firm has Sales of $450 million: operating income of $382.5 million:...
The firm has net income of SA million, operating revenues of $265 million, and $20 million...
The firm has net income of SA million, operating revenues of $265 million, and $20 million of interest expense. The fim's tax rate is 20%. What were the firm's operating expenses? O a. $ 225 million Ob.$230 milion 。c. 235 million O d.$ 240 million Oe $250 milliorn
Multiple Choice: Problems (252-50) Firm MMA has EBIT (operating income) of $3 million, depreciation of $1...
Multiple Choice: Problems (252-50) Firm MMA has EBIT (operating income) of $3 million, depreciation of $1 million. Pirm a s expenditures on fixed anneta - $1 million. Its net operating working capital - $0.6 million.Calculate for free cash flow. Imagine that the tax rate 40t. a. 91.2 b. $1.3 c. $1.4 Firm AAA's sales - $150,000, operating costs (no depreciation) - $75.500. Depreciation - $10,200, Tax rate 35. Pirm M b ond value is $16,500 and the interest rate of...
1. Gebze Shipyards has $15.0 million in total invested operating capital, and its WACC is 10%....
1. Gebze Shipyards has $15.0 million in total invested operating capital, and its WACC is 10%. Gebze has the following income statement: Sales $12.0 million Operating costs 6.0 million Operating income (EBIT) $ 6.0 million Interest expense 2.0 million Earnings before taxes (EBT) $ 4.0 million Taxes (20%) 0.8 million Net income $ 3.2 million What is Gebze’s EVA? 2. GTYOC Aviation had a profit margin of 8.00%, a total assets turnover of 1.5, and an equity multiplier of 2.0....
FIN Company: Balance Sheet as of December 31 ($ million) $40 Cash Account receivables Inventories Total...
FIN Company: Balance Sheet as of December 31 ($ million) $40 Cash Account receivables Inventories Total current assets $40 $20 $100 $40 Account Payables ? Notes payable $160 Other current liabilities $310 Total current liabilities Long-term debt Total liabilities Common stock Retained earnings Total stockholders' equity $450 Total liabilities and equity $140 $114 ? Net fixed assets Total assets FIN Company: Income Statement for Year Ended December 31 ($ million) $800.0 Net sales Cost of goods sold (80% of net...
D | Question 42 1 pts Scranton Shipyards has $7.0 million in total invested operating capital,...
D | Question 42 1 pts Scranton Shipyards has $7.0 million in total invested operating capital, and its WACC is 10%. Scranton has the following income statement: Sales Operating costs Operating income (EBIT) Interest expense Earnings before taxes (EBT Taxes (40%) Net income $10.0 million 6.0 million $ 4.0 million 2.0 million S 2.0 million 0.8 million S 1.2 million What is Scranton's EVA? Answer options are provided in whole dollar. o $1,275,000 $2.040,000 o $1,700,000 $1,530,000 $1,870,000 Previous Next
A company has current assets of $8.33 million and net income of $10.9 million. Current liabilities...
A company has current assets of $8.33 million and net income of $10.9 million. Current liabilities total $3.4 million, interest expense is $2.9 million, and income tax expense is $3.9 million. What is the times interest earned ratio for this company? (Round your final answer to 2 decimal places.) O 245 0.41 6.10 O . 0.36
Tyco has $60 million in total investor-supplied operating capital. The company’s WACC(% cost of capital) is...
Tyco has $60 million in total investor-supplied operating capital. The company’s WACC(% cost of capital) is 8.0 % and is subject to 30% corporate income tax rate. The company has the following items from the income statement: Interest expense 1.0 million Net income $ 3.0 million What is Tyco’s Times Interest Earned Ratio
The Firm, Inc. has an after-tax cost of capital of 12%, and its tax rate is...
The Firm, Inc. has an after-tax cost of capital of 12%, and its tax rate is 40%. Last year the firm had S3,400,000 of earnings before interest and taxes on its $12,000,000 of sales, while depreciation expense was $800,000, and interest expense $200,000. The firm had capital employed of $5,000,000. What is the firm's operating cash flow? a. $2.76 milion O b. $2.79 million O c. $2.84 million O d. $2.51 million O e. $2.60 million The Firm has an...
Sales are $1.49 million, cost of goods sold is $595,000, depreciation expense is $149,000, other operating...
Sales are $1.49 million, cost of goods sold is $595,000, depreciation expense is $149,000, other operating expenses is $299,000, addition to retained earnings is $114,400, dividends per share is $1, tax rate is 40 percent, and number of shares of common stock outstanding is 89,000. LaTonya’s Flop Shops has no preferred stock outstanding. Use the above information to calculate the times interest earned ratio for LaTonya’s Flop Shops, Inc. (Round your answer to 2 decimal places.) interest earned ______ times
The firm had sales of S30 million, operating expenses of si 5 million, interest of S4...
The firm had sales of S30 million, operating expenses of si 5 million, interest of S4 million, and pays a tax rate of 40%, with 2,600,000 shares outstanding. What is the firm's net income? O a. $2.6 million O b. $3.6 million e* 4.6 million d, $5.6 million e. $6.6 million Or $76 million
The firm has net income of SA million, operating revenues of $265 million, and $20 million of interest expense. The fim's tax rate is 20%. What were the firm's operating expenses? O a. $ 225 million Ob.$230 milion 。c. 235 million O d.$ 240 million Oe $250 milliorn
Multiple Choice: Problems (252-50) Firm MMA has EBIT (operating income) of $3 million, depreciation of $1 million. Pirm a s expenditures on fixed anneta - $1 million. Its net operating working capital - $0.6 million.Calculate for free cash flow. Imagine that the tax rate 40t. a. 91.2 b. $1.3 c. $1.4 Firm AAA's sales - $150,000, operating costs (no depreciation) - $75.500. Depreciation - $10,200, Tax rate 35. Pirm M b ond value is $16,500 and the interest rate of...
FIN Company: Balance Sheet as of December 31 ($ million) $40 Cash Account receivables Inventories Total current assets $40 $20 $100 $40 Account Payables ? Notes payable $160 Other current liabilities $310 Total current liabilities Long-term debt Total liabilities Common stock Retained earnings Total stockholders' equity $450 Total liabilities and equity $140 $114 ? Net fixed assets Total assets FIN Company: Income Statement for Year Ended December 31 ($ million) $800.0 Net sales Cost of goods sold (80% of net...
D | Question 42 1 pts Scranton Shipyards has $7.0 million in total invested operating capital, and its WACC is 10%. Scranton has the following income statement: Sales Operating costs Operating income (EBIT) Interest expense Earnings before taxes (EBT Taxes (40%) Net income $10.0 million 6.0 million $ 4.0 million 2.0 million S 2.0 million 0.8 million S 1.2 million What is Scranton's EVA? Answer options are provided in whole dollar. o $1,275,000 $2.040,000 o $1,700,000 $1,530,000 $1,870,000 Previous Next
A company has current assets of $8.33 million and net income of $10.9 million. Current liabilities total $3.4 million, interest expense is $2.9 million, and income tax expense is $3.9 million. What is the times interest earned ratio for this company? (Round your final answer to 2 decimal places.) O 245 0.41 6.10 O . 0.36
The Firm, Inc. has an after-tax cost of capital of 12%, and its tax rate is 40%. Last year the firm had S3,400,000 of earnings before interest and taxes on its $12,000,000 of sales, while depreciation expense was $800,000, and interest expense $200,000. The firm had capital employed of $5,000,000. What is the firm's operating cash flow? a. $2.76 milion O b. $2.79 million O c. $2.84 million O d. $2.51 million O e. $2.60 million The Firm has an...
The firm had sales of S30 million, operating expenses of si 5 million, interest of S4 million, and pays a tax rate of 40%, with 2,600,000 shares outstanding. What is the firm's net income? O a. $2.6 million O b. $3.6 million e* 4.6 million d, $5.6 million e. $6.6 million Or $76 million
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