For Year Ending Dec 31, 2013 $Mill SleepltOff Properties is a West Coast company that owns and operates several hot...
For Year Ending Dec 31, 2013 $Mill SleepltOff Properties is a West Coast company that owns and operates several hotel chains. Here is their partially completed income statement for the most recent fiscal year Total Revenue $93 Cost of Revenue $33 Gross Profit Matt Tress, a summer inten for the finance team was asked to calculate some basic General, Selling and Admin $20 performance metrics as part of his training. He also was told that the company had $15 million in cash and $210 million of other assets. Depreciation $10 Operating Income or Loss Interest Expense $15 CALCULATED VARIABLE Pre-Tax Income ptinc $15 grprofit $60 7 Income Taxes Net Income If SleepltOff's Tax Rate is 30 %, what is SleepltOff's Net Income? 0.0 dollars ($mill) Submit Answer Exit PS2 3 4 5 6 2
For Year Ending Dec 31, 2013 $Mill SleepltOff Properties is a West Coast company that owns and operates several hotel chains. Here is their partially completed income statement for the most recent fiscal year Total Revenue $93 Cost of Revenue $33 Gross Profit Matt Tress, a summer inten for the finance team was asked to calculate some basic General, Selling and Admin $20 performance metrics as part of his training. He also was told that the company had $15 million in cash and $210 million of other assets. Depreciation $10 Operating Income or Loss Interest Expense $15 CALCULATED VARIABLE Pre-Tax Income ptinc $15 grprofit $60 7 Income Taxes Net Income If SleepltOff's Tax Rate is 30 %, what is SleepltOff's Net Income? 0.0 dollars ($mill) Submit Answer Exit PS2 3 4 5 6 2