Wednesday

September 17, 2014

September 17, 2014

Posted by **MeMe** on Tuesday, September 6, 2011 at 8:17pm.

Cost of goods sold............................... $1.2 million

Administrative expenses........................ $250,000

Marketing and selling expenses............... $175,000

Depreciation........................................ $500,000

Interest expense.................................. $200,000

Dividends paid..................................... $150,000

(TCO 1) Assuming a tax rate of 30%, what is the EBIT and taxable income for the year?

(Points : 3)

$1,000,000 and $800,000 respectively

$575,000 and $375,000 respectively

$565,000 and $365,000 respectively

$425,000 and $225,000 respectively

None of the above

fOR THIS ONE I CHOOSE NONE OF THE ABOVE

- BUSN -
**dj**, Wednesday, May 2, 2012 at 6:02pm$1,000,000 and $800,000 respectively

**Answer this Question**

**Related Questions**

BUSN - 3. For this question, use the information for Sports Baseballs, Inc. ...

business - For this question, use the information for Sports Baseballs, Inc. ...

Algebra - A sports memorabilia store makes $6 profit on each football it sells ...

math - ted has 8 autographed baseballs. all together the baseballs are worth $...

math - please help me !!! ted has 8 autographed baseballs. all together the ...

Math - A box holds one layer of 45 baseballs. How can the baseballs be arranged?

Math - A baseball manufacture checked 250 of its baseballs and found that 8 were...

math - If jeff bought 2 basketballs and 3 baseballs for $10 and herman bought 3 ...

statistics - The standard deviation of the diameter of 18 baseballs was 0.29cm. ...

BUSN - "Select all items that will be included in Sports Baseballs, Inc. Balance...