Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Soy sauce company ABC has operating profits of Rp. 100 million, taxes of Rp. 17 million, interest expense of Rp. 34 million, and preferred dividends of Rp. 5 million. What is ABC net profit after taxes?
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- (MORNING) AC corporation earns $4.30 per share before taxes. The corporate tax rate is 35%, the personal tax rate on dividends is 20%, and the personal tax rate on non-dividend income is 39%. What is the total amount of taxes paid if the company pay $2.00 dividend? This questuon: 10 polniS) possibie O A. $2.29 O B. $2.67 OC. $1.91 O D. $1.52 O Time Remaining: 00:50:30 Next O tv MacBook Air DII DD 80 F12 F9 F10 F11 esc F5 F6 F7 F8 F1 F2 F3 F4 @ $ & delete %3D 1 2 4 7 { Y U P Q W E tab J K = - .. .. - *arrow_forwardPlease show stepwise and correct. Thanks.arrow_forwardA firm has net income of $21,350, depreciation of $2,780, interest of $640, and taxes of $10,990. The EBITDA multiple is 10.2. What is the value of the firm?arrow_forward
- What was the firm's net income if the firm paid income taxes of $2,000 and the average tax rate was 25%, O A. $1,000 B. $6,000 O c. $8000 O D. $7,000arrow_forwardPelamed Pharmaceuticals has EBIT of $336 million in 2006. In addition, Pelamed has interest expenses of $164 million and a corporate tax rate of 25%. a. What is Pelamed's 2006 net income? b. What is the total of Pelamed's 2006 net income plus interest payments? c. If Pelamed had no interest expenses, what would its 2006 net income be? How does it compare to your answer in part (b)? d. What is the amount of Pelamed's interest tax shield in 2006?arrow_forwardUse the information below to build a properly formatted income statement. A: The firm has 25,280,000 shares outstanding and its earnings per share is $2.40. Calculate Net Income. B: The firm's corporate tax rate is 40%. Calculate the firm's EBT. C: After completing A and B above, what is the firm's corporate tax expense? D: The firm's operating income is 1.80 times its Net Income. Determine the firm's EBIT. E: Given your answer to D, calculate the firm's Interest Expense. F: After completing the above: Gross Profit is 18.00 times its Interest Expense. Calculate Gross Profit. G: Finally, the firm's Revenue is 1.50 times its EBIT. Calculate the firm's Revenue. INSTRUCTIONS: Write ratios involving dollar amounts out to the penny, with no dollar sign: 1000.00. All ratios and interest rates should be calculated as follows: 11.28 (no percent sign) For this problem: Net Income = Earnings before Taxes = Тах еxpens 3 Earnings before Taxes & Interest = Interest expense = Gross profit = Revenue =arrow_forward
- Use the information below to build a properly formatted income statement. A: The firm has 12,640,500 shares outstanding and EPS is $3.20.Calculate Net Income . B: The firm's corporate tax rate is 40%. Calculate the firm's EBT. C: After completing A and B above, what is the firm's corporate tax expense? D: The firm's Revenue is $183,600,000 and its operating margin is 45.00%. Calculate EBIT. E: After completing the above: Gross Profit is 1.65 times its EBIT . Calculate Gross Profit . F: Given the above information, calculate the firm's Operating Expenses . G: Given the above information, calculate the firm's Interest Expense .arrow_forwardPlease correct answerarrow_forward
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