calculate the EBIT: calculate the net income: calculate the OCF: what is the depreciation tax shield
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- Consider the following income statement: $ 529,192 344,288 78,300 23% Sales Costs Depreciation Taxes Calculate the EBIT. EBITConsider the following income statement: Sales $909,407 Costs 484,977 Depreciation 149,723 Taxes 0.28 Calculate OCF.17. Cost of goods sold Interest Dividends Depreciation Addition to retained earnings Tax rate $6,409 315 520 811 267 30% What is the operating income (EBIT) given the above information?
- 5. For common-size statement of comprehensive income , _______________ is set 100% a. Net Sales b. Gross Profit c. Net Income d. Total AssetIf the gross profit ( 2250 000 )D. The total Cost ( 4750 000 )D. , and the Sales value ( 7000 000 )D.The percnt of gross ?/the gross profit ( 2250 000 )$ , and the sales value ( 8550 000 )$ . Total cost ?
- Use the following selected balance sheet and income statement information for Stevens Co. to compute asset turnover, to the nearest hundredth of a percent. Operating profit before tax Net Income Average total assets Sales Tax rate on operating profit $120,000 $192,500 $653,000 $1,250,000 35% a. 1.34 b. 1.91 c. 0.52 d. 0.29GIVE AN INTERPRETATION OF THESE RATIOS CONCLUSIVELY Acid test ratio = (total current asset – inventory – prepaid expenses) / total current liability Total asset turnover = 1.918 times Gearing ratio = 0.2243 or 22.43% Gross profit margin = 0.361 or 36.1% Net profit margin = 0.1143 or 11.43% Return on capital employed = 0.2664 or 26.64% Current ratio = 2.1753 times Acid test ratio = 1.0413 times Receivables days = (Trade Receivables/Net Sales) * 365 = (74480/768400) *365 = 36 days Payables days = (Trade Payables/ Net Purchases) * 365 = (72000/460400) *365 = 58 days Inventory Days = (Inventory/ Cost of goods sold) * 365 = (84000/476400) * 365 = 65 days Gross Profit Margin (GPM) = 292000/808800*100= 36.10% Net Profit Margin (NPM) = 92480/808800 *100 = 11.43% Return on Capital Employed (ROCE) = 92480/327080*100 = 28.27% Current ratio = 162280/74600= 2.17 Acid test ratio = (162280- 84000)/74600= 1.049 Total asset turnover = Sales revenue / Total average asset…Given the following income statement data, calculate net income: sales=$2500, cost of goods sold=$1800,miscellaneous expenses=$200, depreciation=$150, interest expense=$50, tax rate=35%
- This year Last year 1050 Assets Cash 1530 Marketable securities Accounts receivable Inventories Total current assets 1810 1220 2050 1770 2900 2790 8290 6830 Gross fixed assets 29480 28090 Less: Accumulated depreciation 14680 13140 Net fixed assets 14800 14950 Total assets Liabilities and Stockholders' Equity 23090 21780 Accounts payable Notes payable Accruals 1560 1540 2760 2160 190 350 Total current liabilities 4510 4050 Long-term debt Common stock Retained earnings Total stockholders' equity 5220 4970 9950 9950 3410 2810 13360 12760 Total liabilities and stockholders' equity 23090 21780In a common-sized income statement, 100% is the a. net cost of goods sold b. gross profit c. sales d. net incomeI Current ratioli. Times interest earnedjli. Inventory turnover¡v. Total asset turnoverv. Operating profit marginVi. Debt ratiovi. Average collection periodVii Fixed asset turnoverixReturn on equity