Brown Office Supplies recently reported $15,500 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 25%. How much was the firm's earnings before taxes (EBT)?
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- A Company recently reported $15,500 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 Operating Income (earnings before interest and taxes - EBIT)?Stamps Office Supplies recently reported $15,500 of sales, $8,500 of operating costs other than depreciation, and $1,700 of depreciation. It had $12,000 of bonds outstanding that carry a 6.0% interest rate, and its federal-plus- state income tax rate was 35%. How much was the firm's earnings after taxes? O $4,700 O $4,870 O $2,748 O $2,977Kobe Capital Corp. recently reported $19,500 of sales, $8,100 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.
- Edwards Electronics recently reported $11,250 of sales, $5,500 of operating costs other than depreciation, and $1,250 of depreciation. The company had no amortization charges, it had $3,500 of bonds that carry a 6.25% interest rate, and its federal-plus-state income tax rate was 25%. How much was its net operating profit after taxes (NOPAT)? a. $3,375.00 b. $3,045.94 c. $3,206.25 d. $2,748.96 e. $2,893.64Edwards Electronics recently reported $15,250 of sales, $5,500 of operating costs other than depreciation, and $1,250 of depreciation. The company had no amortization charges, it had $3,500 of bonds that carry a 6.25% interest rate, and its federal-plus-state income tax rate was 25%. How much was its net operating profit after taxes (NOPAT)? Select the correct answer. a. $6,324.00 b. $6,349.50 Oc$6,273.00 O d. $6,298.50 e. $6,375.00Green Office Supplies recently reported $15,500 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) * $4,627 $5,638 $5,114 $5,369 $4,870 Mori Company's net income last year was $25,000 and cash dividends declared and paid to the company's stockholders totaled $10,000. Changes in selected balance sheet accounts for the year appear below: Increases (Decreases) Debit balances: Accounts receivable $(6,000) Inventory $2,000 Prepaid expenses $(1,000) Long term investments $20,000 Credit balances: Accumulated depreciation $12,000 Accounts payable $9,000 Taxes payable $(5,000) Based solely on this information, the net cash provided by operations under the indirect method on the statement of cash flows would be: * $46,000 $36,000 $37,000 $4,000
- Pearson brothers recently reported an EDITDA of $7.5 million and net income of $1.8 million. It had $2.0 million of interest expense, and its corporate tax rate was 40%. What was it's charge for depreciation and amortization?ACME Corp’s balance sheet reported that it had $650,000 in liabilities and $275,000 in equity. On the income statement the company had revenues of $867,030 and expenses (excluding depreciation) of $356,240. Depreciation was $103,456 and interest expense of $52,423. Assuming a 40% tax rate, what was the company's return on assets?In the past year, TVG had revenues of $2.95 million, cost of goods sold of $2.45 million, and depreciation expense of $178,000. the firm has a single issue of debt outstanding with a book value of $1.15 million on which it pays an interest rate of 8%. What is the firm's times interest earned ratio?
- Last year Tiemann Technologies reported $10,300 of sales, $6,450 of operating costs other than depreciation, and $1,400 of depreciation. The company had no amortization charges, it had $4,800 of bonds that carry a 6.0% interest rate, and its federal-plus-state income tax rate was 35%. This year's data are expected to remain unchanged except for one item, depreciation, which is expected to increase by $700. By how much will net after-tax income change as a result of the change in depreciation? The company uses the same depreciation calculations for tax and stockholder reporting purposes. Group of answer choices -455.00 -432.25 -500.50 -477.75 -409.50Infrared Vision Inc. recently reported $15,500 of sales, $13,700 of operating costs other than depreciation, and $1,800 of depreciation. The company had no amortization charges, it had outstanding $10,000 of bonds that carry a 6.25% interest rate, and its federal-plus-state income tax rate was 30%. How much was the firm's net income after taxes? The company uses the same depreciation expense for tax and stockholder reporting purposes.Pop Evil, Inc.'s net income for the most recent year was $20,812. The tax rate was 22 percent. The firm paid $3,256 in total interest expense and deducted $5,491 in depreciation expense. What was the cash coverage ratio for the year?