Homework Answers
Earnings before depreciation, interest and taxes = Sales - Operating costs other than depreciation = $18,500 - $8,250 = $10,250
Earnings before interest and taxes = Earnings before depreciation, interest and taxes - Depreciation = $10,250 - $1,750 = $8,500
Interest expense = Bonds outstanding * Interest rate = $9,000 * 7% = $630
Earninsg before taxes = Earnings before interest and taxes - Interest expense = $8,500 - $630 = $7,870
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Save Question 27 (3 points) Horm Bran Show work for credit. Answers without supporting calculations will...
Brown Office Supplies recently reported $18,500 of sales, $8,250 of operating costs other than depreciation, and $1,750...
Brown Office Supplies recently reported $18,500 of sales, $8,250 of operating costs other than depreciation, and $1,750 of depreciation. It had $9,000 of bonds outstanding that carry a 7.0% interest rate, and its federal-plus-state income tax rate was 40%. How much was the firm's earnings before taxes (EBT)? (Points : 10) $5,981 $7,398 $7,870 $5,903 $6,217
D Question 37 1 pts Brown Office Supplies recently reported $19,500 of sales, $8,250 of operating...
D Question 37 1 pts Brown Office Supplies recently reported $19,500 of sales, $8,250 of operating costs other than depreciation, and $1,750 of depreciation. It had $9,000 of bonds outstanding that carry a 7.0% interest rate, and its federal-plus-state income tax rate was 40%. How much was the firm's earnings before taxes (EBT)? $10,378 $10,.201 $8,870 $9,580 o $8,515 F6 FS. 3 4 5 7
Brown Office Supplies recently reported $396,237 of sales, $67,908 cost of goods sold, $12,546 of operating...
Brown Office Supplies recently reported $396,237 of sales, $67,908 cost of goods sold, $12,546 of operating expenses, including salary expenses, rent expenses, and depreciation expenses. It had $9,000 of bonds outstanding that carry a 7.36% interest rate, and its federal-plus-state income tax rate was 40%. How much was the firm's earnings before interest and taxes (EBIT)? Please round your answer to the closest integer without dollar sign.
Question 7 5 pts Kobe Capital Corp. recently reported $19,500 of sales, $7,950 of operating costs other than deprec...
Question 7 5 pts Kobe Capital Corp. recently reported $19,500 of sales, $7,950 of operating costs other than depreciation, and $1,750 of depreciation. It had $9,000 of bonds outstanding that carry a 7.0% interest rate, and its income tax rate was 40%. How much was the firm's earnings before taxes (EBT)? Your answer should be between 8505 and 10280, rounded to even dollars (although decimal places are okay), with no special characters. Question 8 5 pts McEwen Mining recently reported...
What is the PV of an ordinary annuity with 10 payments of $4.400 if the appropriate...
What is the PV of an ordinary annuity with 10 payments of $4.400 if the appropriate interest rate is 5.5%? a. S33.165.55 b. $34,472.04 C. $34,492.18 d. $34,989.66 e. $38,472.04 Hoagland Corp's stock price at the end of last year was $25.60 per share, and its book value per share was $24.40. What was its market-to-book ratio? a. 1.00 b. 1.05 c. 0.95 d. 1.07 e. 0.97 13. Johnson Office Supplies recently reported $15.500 of sales, $8,250 of operating costs...
pls answer 6 to 9. pls show the work in details. In-Class Exercise - Accounting Review...
pls answer 6 to 9. pls show the work in details.
In-Class Exercise - Accounting Review Chapter 2 - Financial Statements, Cash Flow, and Taxes 1. Frederickson Office Supplies recently reported $12,500 of sales, $7.250 of operating costs other than depreciation, and $1,250 of depreciation. The company had no amortization charges and no non- operating income. It had $8,000 of bonds outstanding that carry a 7.5% interest rate, and its federal-plus- state income tax rate was 40%. How much was...
please show the work and provide correct answers. This is from financial management course In-Class Exercise...
please show the work and provide correct answers. This is from
financial management course
In-Class Exercise - Accounting Review Chapter 2 - Financial Statements, Cash Flow, and Taxes 1. Frederickson Office Supplies recently reported $12,500 of sales, $7,250 of operating costs other than depreciation, and $1,250 of depreciation. The company had no amortization charges and no non- operating income. It had $8,000 of bonds outstanding that carry a 7.5% interest rate, and its federal-plus- state income tax rate was 40%....
In-Class Exercise - Accounting Review Chapter 2- Financial Statements. Cash Flow, and Taxes Frederickson Office Supplies...
In-Class Exercise - Accounting Review Chapter 2- Financial Statements. Cash Flow, and Taxes Frederickson Office Supplies recently reported $12,500 of sales, $7,250 of operating costs other than depreciation, and $1,250 of depreciation. The company had no amortization charges and no non- operating income. It had $8,000 of bonds outstanding that cary a 7.5 % interest rate, and its federal-plus- state income tax rate was 40 % . How much was the firm's taxable income, or earnings before taxes (EBT)? 1....
D Question 37 1 pts Brown Office Supplies recently reported $19,500 of sales, $8,250 of operating costs other than depreciation, and $1,750 of depreciation. It had $9,000 of bonds outstanding that carry a 7.0% interest rate, and its federal-plus-state income tax rate was 40%. How much was the firm's earnings before taxes (EBT)? $10,378 $10,.201 $8,870 $9,580 o $8,515 F6 FS. 3 4 5 7
Question 7 5 pts Kobe Capital Corp. recently reported $19,500 of sales, $7,950 of operating costs other than depreciation, and $1,750 of depreciation. It had $9,000 of bonds outstanding that carry a 7.0% interest rate, and its income tax rate was 40%. How much was the firm's earnings before taxes (EBT)? Your answer should be between 8505 and 10280, rounded to even dollars (although decimal places are okay), with no special characters. Question 8 5 pts McEwen Mining recently reported...
What is the PV of an ordinary annuity with 10 payments of $4.400 if the appropriate interest rate is 5.5%? a. S33.165.55 b. $34,472.04 C. $34,492.18 d. $34,989.66 e. $38,472.04 Hoagland Corp's stock price at the end of last year was $25.60 per share, and its book value per share was $24.40. What was its market-to-book ratio? a. 1.00 b. 1.05 c. 0.95 d. 1.07 e. 0.97 13. Johnson Office Supplies recently reported $15.500 of sales, $8,250 of operating costs...
pls answer 6 to 9. pls show the work in details.
In-Class Exercise - Accounting Review Chapter 2 - Financial Statements, Cash Flow, and Taxes 1. Frederickson Office Supplies recently reported $12,500 of sales, $7.250 of operating costs other than depreciation, and $1,250 of depreciation. The company had no amortization charges and no non- operating income. It had $8,000 of bonds outstanding that carry a 7.5% interest rate, and its federal-plus- state income tax rate was 40%. How much was...
please show the work and provide correct answers. This is from
financial management course
In-Class Exercise - Accounting Review Chapter 2 - Financial Statements, Cash Flow, and Taxes 1. Frederickson Office Supplies recently reported $12,500 of sales, $7,250 of operating costs other than depreciation, and $1,250 of depreciation. The company had no amortization charges and no non- operating income. It had $8,000 of bonds outstanding that carry a 7.5% interest rate, and its federal-plus- state income tax rate was 40%....
In-Class Exercise - Accounting Review Chapter 2- Financial Statements. Cash Flow, and Taxes Frederickson Office Supplies recently reported $12,500 of sales, $7,250 of operating costs other than depreciation, and $1,250 of depreciation. The company had no amortization charges and no non- operating income. It had $8,000 of bonds outstanding that cary a 7.5 % interest rate, and its federal-plus- state income tax rate was 40 % . How much was the firm's taxable income, or earnings before taxes (EBT)? 1....
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