Consider the following data for 2019 from an after tax cash flow analysis.What is the after tax cash flow for 2019? Before-Tax-and-Loan = $23,000Loan Principal Payment = $3,203 Loan Interest Payment = $3,878. Depreciation Deduction = $12,490 Taxable Income = $6,633 Taxes Due = $1,658.  a. $20,744 b. $14,262 c. $3,430 d. $1,175.

Q: If you get paid $5,460 per month gross and 10% of that paycheck was chheld for federal income taxes…

A: Monthly gross income = $5,460 Federal income taxes = 10% State income taxes = 6%

Q: oumalize all necessary entries for 2019 and 2020 for CBD Co from the following

A: As per IRS rules if a corporation's estimated tax for the year is $…

Q: Fidelity, Inc., a financial company, reported income tax expense of $2,648 million for 2020,…

A: Cash payments for income taxes paid during 2020 = Beginning income taxes payable + current taxes -…

Q: Given the following data for Year-1: (EBIT-taxes)=$5 million; Depreciation=$2 million; Capital…

A: (EBIT - Taxes) = $5 million Depreciation = $2 million Capital expenditure = $4 million Working…

Q: Based upon the information below, what is the value of the company as of 1/1/2021 (use the APV…

A: Here,…

Q: am. 108.

A: SolutionInterest payable, beg.$ 16,000Interest expense, 2021$ 16,500Cash paid???Interest payable,…

Q: Oakdale Fashions, Inc. had $245.000 in 2018 taxable income. Using the tax schedule in Table 2.3 to…

A: Income slab Tax amount Tax till $100,000 $22,250 $100,001 - $245,000 $145,000 x 39% = $56,550…

Q: Use the following information for Taco Swell, Incorporated, (assume the tax rate is 21 percent):…

A: Income and balance sheet statements:

Q: What is the total of pre-tax amounts for invoices billed in 2017? $774,431.14 $700,657.38…

A: Part 2: Explanation:Step 1: List the pre-tax amounts for invoices billed in 2017.- $774,431.14-…

Q: : Enter amounts to be deducted with a minus sign. b. Comment upon Turner’s

A: An audit is a methodical review, examination, or inspection of financial records, systems,…

Q: Using the following table, calculate the taxes for an individual with taxable income of $25,800.…

A: Tax is the amount of money paid by a tax payer to the appropriate tax authorities on the basis of…

Q: During 2020, Crane Inc. had sales revenue $1328000, gross profit $728000, operating expenses…

A: Income tax expense : Income tax expense is the taxes owed by the company to a taxing authority.…

Q: What was the net capital spending in 2019? SHOW WORK

A: NET CAPITAL SPENDINGNet Capital Spending is the Amount which is Incurred by the Organisation for…

Q: Your pro forma income statement shows sales of $982,000, cost of goods sold as $482,000,…

A: Earnings before interest and taxes: Earnings before interest, depreciation and taxes are the…

Q: Calculate net earnings. Gross pay $250.00 Fed Tax $17.88 Social Security Tax $10.71 Medicare tax…

A: Gross Pay = 250 Federal Tax = 17.88 Social Security Tax = 10.71 Medicare Tax = 3.25

Q: alculate the amount of property tax due: (Round your answer to the nearest cent.) Tax rate Assessed…

A: Formula: Property tax due = Assessed value x tax rate Assessed value multiply with tax rate to…

Q: Q1. Complete the statement provided, for a tax rate of 20% and calculate the Operating cash flow…

A: The inflow, as well as outflow of cash by conducting the ordinary business activities, is referred…

Q: Determine the cash fixed costs which are used when calculating EBDAT: Administrative expenses =…

A: The objective of the question is to determine the cash fixed costs which are used when calculating…

Q: Use the following to determine FCF (Free Cash Flow) for the current year. Assume an effective tax…

A: Free cash flow (FCF) represents the cash remaining for a company after covering its operating…

Q: Based on the following data, calculate the items requested: Buying Costs Rental Costs Annual rent…

A: Solution:a.  Total rental cost Particulars A,mount $Rent $ 8,180Insurance $ 225Interest on security$…

Q: Using the 2019 marginal tax rates provided in the table below, find the marginal and average tax…

A: Federal tax is calculated as per the schedule given by IRS.  Average rate of tax means the effective…

Q: Calculate the amount of property tax due: (Round your answer to the nearest cent.)       Tax rate…

A: Tax compliance is a mandatory financial charge or other type of levy imposed on a taxpayer by a…

Q: You are considering purchasing a new piece of equipment (7yr MACRS property) for your manufacturing…

A: The modified accelerated cost recovery system (MACRS) is a depreciation system used for tax purposes…

Q: Based on the following data, calculate the items requested: Rental Costs Annual rent Buying Costs…

A: Capital budgeting involves the evaluation of various options available for investments or projects.…

Q: Net sales for 2022 were $1,200,000. Net income after income taxes for 2022 was $60,000. Compute the…

A: Ratio analysis helps to analyze the financial statements of the company. The management can take…

Q: Use the following financial data of Houston Corporation to answer the next two questions. Houston's…

A: Answer:- Formula:- Free cash flow from all debt and equity = Net cash flow from operations - Net…

Q: II. In 2020, Cane Manufacturing has CAPX of $140,000, Depreciation of $55,000, and EBIT of $480,000.…

A: The money you have on hand to meet your immediate, urgent requirements is known as working capital.…

Q: Determine the cash fixed costs which are used when calculating EBDAT:Administrative expenses = $100,…

A: The objective of the question is to determine the cash fixed costs which are used when calculating…

Q: The DeVille Company reported pretax accounting Income on its income statement as follows: 2024 2025…

A: Deferred tax liability for a company occurs due to underpayment of taxes in a year. This can happen…

Q: Calculate the property tax payment for $3578 annual taxes, paid quarterly.

A: The property tax is the tax imposed on real estate by the government. The property tax is paid for…

Q: Based on the following data

A: Adjusted Gross Income  (AGI) is defined as gross income minus adjustments to income.…

Q: Light Co. reported rent income of P600,000 under cash basis accounting for 2020. Additional…

A: Rental Income:- It is an income that appears in the Income statement. It is that income which one…

Q: 1. Kristen drove the car 26,000 miles last year. Compute the average cost per mile of owning and…

A: To compute the average cost per mile of owning and operating the car, we'll first calculate the…

Q: Taxable income Total Future deductible amounts Total Future taxable amounts Balance at beginning of…

A: Deferred tax is the concept which arises due to the difference between the taxable income and the…

Q: Compute the required before-tax return if an after-tax return of 7% per year is  expected and the…

A: Before tax return refers to the average annual compound rate of return (ROR), the fund has earned…

Q: WhyRU Company usually depreciates its equipment using straight line method for accounting purposes,…

A: Depreciation Using SLM method of Accounting = Cost Of asset- Residual Salvage Value/ useful life of…

Q: If the tax 2000 OMR, depreciation is 3000 OMR, amortization 1000 OMR, EBITDA to interest coverage is…

A: Given the following information: Tax: $2,000 Depreciation: $3,000 Amortization: $1,000 EBITDA to…

Q: You have the following data: The net income after tax is 42000 OMR and income tax is 3000 OMR.…

A: Net income means the profit earned from sale of goods or services after deducting all expenses…

Q: What is the present value of the after tax cash flows discounted at a 9 percent after tax discount…

A: The Net Present Value (NPV) of an investment or project is a financial term used to assess its…

Q: Which one of the following amounts represents the maximum amount that you may deduct for moving…

A: Moving expenses: These are the expenses associated related to your moving your household’s goods and…

Q: With the following data, compute the NET FUTA Tax. Gross FUTA Tax DUE $6,750 Credit against FUTA…

A: Formula: Net FUTA tax = Gross FUTA tax due - Credit against FUTA

Q: Use the 2016 marginal tax rates to compute the tax owed by the following person. A head of household…

A: The tax rate that is applied to the subsequent dollar of income earned is known as the marginal tax.…

Q: Calculate the amount of property tax due:       Tax rate Assessed value Amount of property tax…

A: The formula used as follows: Amount of property tax due=Assessed value of property×Tax rate

Q: During 2020 your corporation has net sales of $9,625, cost of goods sold of $5,225, depreciation…

A: Operating cash flow is the cash flow generated by firm from its normal operations Operating cash…

Q: Consider gross earnings of $59,000. • The standard deduction is $12,000 and itemized deduction is…

A: An income tax is kind a type of tax that governments impose on income generated by businesses and…

Q: The annual revenue, expenses, and depreciation for a company are $130,000; 32,000; and $11,000,…

A: Given: Annual revenue =$130,000 Expenses = $32,000 Depreciation = $11,000 Tax rate = 23%