Infrared 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.
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- Edwards 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. $6,375.00Edwards 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. $2,893.64Kobe 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.
- Meric Mining Inc. recently reported $14,700 of sales, $7,600 of operating costs other than depreciation, and $1,100 of depreciation. The company had no amortization charges, it had outstanding $6,700 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? Meric uses the same depreciation expense for tax and stockholder reporting purposes. Group of answer choices $3,320.84 $3,711.53 $3,906.88 $3,995.53 $4,102.22Stamps 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 $2,977Brown 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)?
- Frederickson Office Supplies recently reported $10,000 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 the firm's taxable income, or earnings before taxes? a. $1,300 b. $1,100 c. $900 d. $1,200A company 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 the firm's taxable income, or earnings before taxes (EBT)? Show your answer using the income statement structure.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)?
- Pluto Minerals recently reported $15,800 of sales, $10,600 of operating costs other than depreciation, and $1,100 of depreciation. The company had no amortization charges, no interest expense, and non-operating interest income from $8,000 of bonds carrying a 7.0% interest rate. Its federal-plus-state income tax rate was 25%. How much was the company's EBIT? $4,100 O $3,540 $3,495 O $3,075 O $4,660Minas Mining Inc. recently reported $15,000 of sales, $7,500 of operating costs other than depreciation, and $1,200 of depreciation. The company had no amortization charges, it had outstanding $6,500 of bonds that carry a 6.25% interest rate, and its federal-plus-state income tax rate was 35%. How much was the firm's net income after taxes? Minas uses the same depreciation expense for tax and stockholder reporting purposes. $3,830.94 $3,284.55 $3,639.39 $3,457.42 O $4,022.48Last 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 -409.50