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July 31, 2014

Search: finance (firm's net income)

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finance (net income)
If a firm has a break-even point of 20,000 units and the contribution margin on the firm's single product is $3.00 per unit and fixed costs are $60,000, what will the firm's net income be at sales of 30,000 units? A. $90,000 B. $30,000 C. $15,000 D. $45,000 the firm's cost at ...
July 26, 2008 by Jason

finance (firm's net income)
If a firm has a break-even point of 20,000 units and the contribution margin on the sirm's single product is $3.00 per unit and fixed costs are $60,000, what will the firm's net income be at sales of 30,000 units? o.k. the break even amount will be 20,000 units time $3.00 = $...
July 25, 2008 by Jason

Finance
16.Peterson Electrical Supplies has generated a net income of $161,424 this year. The firm expects to see an annual growth of 30 percent for the next five years, followed by a growth rate of 15 percent for each of the next three years. What will be the firm's expected net ...
July 16, 2010 by G

Bus Finance
Consider the following income statement and answer the questions that follow: Sales (100 units) $200 Variable costs ($.80 ea) 80 Fixed Costs 20 EBIT 100 Interest Expense 30 EBT 70 Income tax 24 Net Income 46 a. What is the firm’s Breakeven Point in units? Draw a breakeven ...
May 17, 2012 by Casonya

Finance
Consider the following income statement and answer the questions that follow: Sales(100 units) $200 Variable costs (.80each) 80 Fixed costs 20 EBIT 100 Interest expense 30 EBT 70 Income tax 24 Net income 46 a)what is the firm's Breakeven Point in units? b)draw a breakeven ...
October 8, 2013 by Edward

Finance
3. Describe the general relationship between net income and net cash flows from operating activities for the firm.
February 13, 2010 by Anonymous

managerial finance
A firm has sales of $1,200, net income of $200, net fixed assets of $500, and current assets of $300. The firm has $100 in inventory. What is the common-size statement value of inventory?
October 10, 2010 by vijay

Finance
Recreational Supplies Co. has net sales of $9,191,375, an ROE of 31.02 percent, and a total asset turnover of 2.42 times. If the firm has a debt-to-equity ratio of 0.76, what is the company’s net income?
March 12, 2013 by Anonymous

Finance 200
Describe the general relationship between net income and net cash flows from operating activities for the firm. 29. Has the buildup in plant and equipment been financed in a satisfactory manner? Briefly discuss.
April 12, 2010 by Anonymous

finance (efficiency of management)
The best indication of the operational efficiency of management is? A. net income B. earnings per share C. EBIT D. gross profit I like net income as a metric for operational efficiency because net income is how much money the company has after to paid all the bills and taxes...
July 25, 2008 by Jason

Finance
to achieve the benefits of high financial leverage does a company need a higher level of net income or a larger amount of stockholder's equity? I think it is net income-because that is profit....
July 25, 2008 by Blues

Business Finance
Break Even Analysis.. consider the following income statemenbt and answer the question that follow. Sales(100 units) $200 Variable cost (.80each) .80 Fixed cost 20 Ebit 100 interest expense 30 ebt 70 income tax 24 net income 43 What is the firm break even point. I have puzzled...
February 26, 2011 by Michael

FINANCE
To achieve the benefts from the use of high financial leverage does a company need to generate a higher level of net income or larger amount of stockholders' equity? I think it is net income...
July 27, 2008 by BlueKato

Finance
3. Your firm is considering buying a new machine that costs $200,000, is expected to generate $110,000 in new revenue each year and will cost $45,000 a year to operate. If your firm's marginal income tax rate is 35% what is the Net Cash Flow your firm will realize from the new...
February 23, 2011 by Whitney

Business Finance
Need step by step explaination for soulution: A firm has net income of #2,610 and tax rate of 33%. The revenue is $20,400, cost are 78 percent of sales, and interest expene is $100. what is th edepreciation expense for the years?
September 27, 2012 by V

Finance
Clanton Company is financed 75 percent by equity and 25 percent by debt. If the firm expects to earn $30 million in net income next year and retain 40% of it, how large can the capital budget be before common stock must be sold?
August 13, 2011 by Statistics

Advanced Accounting
Mr. White (invested $20,000) and Mr. Black (invested $10,000) are in a partnership to run a marketing firm. They share profits and losses in the ratio of 2:1, which is also the ratio of their initial investment in the business. Mr. White manages the office but Mr. Black gets ...
December 3, 2012 by Angie

Finance
1. Following is the projected net income stream associated with the use of Zartek technology. (Note: this net income stream does not take into account that Zartek’s owners invested $2,000 to develop Zartek in Year 0.) Globus Maximus Enterprises would like to buy the Zartek ...
April 17, 2010 by Anonymous

Finance
If a co has a lower ratio of fixed to variable costs than another co, all things equal if sales for both increase 10% would the Co with the lower fixed cost's: expenses increase more rapidly, decrease while the others' increased, net income decrease, or net income increase? I ...
July 31, 2008 by BluesKato

finance
Thelma and Louie's Inc started the year with a balance of retained earnings of $547 million and ended the ear with retained earnings of $594 million. The company paid dividends of $37 million to the preferred stockholders and $77 million to common stockholder. Calculate thelma...
February 10, 2013 by steve

Finance
P5. Use your knowledge of income statements to fill in the missing items: SALES - $------ COST OF GOODS SOLD - $575,000 GROSS PROFIT - $1,600,000 GENERAL AND ADMINISTRATIVE EXPENSE - $200,000 SELLING AND MARKETING EXPENSE - $------ DEPRECIATION - $50,000 OPERATING INCOME...
March 6, 2013 by Rose

Finance
ABC Company is engaged in the manufacturing of electronic equipment. The Company has reported net loss for the year 2013 but its Cash Flow Statement is showing a positive net cash flow. Being a student of Business Finance, you are required to discuss briefly the reasons behind...
April 28, 2014 by fatima

Finance
5. Next year, NPI expects net income of $16 million. Its plans to reinvest 0.5 of its earnings and pay out the 0.5 as dividends. Its cost of equity capital of 12%. If NPI earns a 16% rate of return on the funds reinvested, what is the growth rate and value of NPI? ...
May 27, 2012 by Anonymous

fin
28. Describe the general relationship between net income and net cash flows from operating activities for the firm. . Has the buildup in plant and equipment been financed in a satisfactory manner? Briefly discuss.
July 12, 2009 by scooby9132002

Finance
Shop-Til-You-Drop Inc. recently reported net income of $5.2 million and depreciation of $600,000. What is was net cash flow? Assume it has no amortization expense.
July 23, 2010 by tricica

health care finance
Assume a for-profit health system has $1 million in taxable income for 2007, and its tax rate is 30 percent. What is the firms net income?
October 26, 2010 by Meme

finance part 2
11. Whit a Subchapter S corporation A. corporate income is taxed as directed income to stockholders B. stockholders have the same liability as members of a partnership C. the number of stockholders is unlimited D. life of the corporation is limited 12. Some analysts believe ...
July 23, 2008 by Jason

finance (operational efficiency)
The best indication of the operational effiency of management is? A. net income B. earnings per share C. EBIT D. gross profit I like net income as a metric for measuring operational efficiency of management. The amout of money a corporation has after all the bills are paid is ...
July 26, 2008 by Jason

Finance
Sheryl’s Shipping had sales last year of $15,000. The cost of goods sold was $7,500, general and administrative expenses were $2,000, interest expenses were $1,500, and depreciation was $2,000. The firm’s tax rate is 30%. a. What are the earnings before interest and taxes? b. ...
February 4, 2013 by Ashley

Finance
Fine Breads Inc. paid out $26,000 common dividends during 2005, and it ended the year with $150,000 of retained earnings. The prior year’s retained earnings were $145,000. What was the firm's 2005 net income?
July 23, 2010 by tricica

Principles of Finance HELP!!!
Problem 16-7. Pro forma income statement At the end of last year, Roberts Inc. reported the following income statement (in millions of dollars): Sales 3000 Operating costs excluding depreciation 2450 EBITDA 550 Depreciation 250 EBIT 300 Interest 125 EBT 175 Taxes (40%) 70 Net ...
September 29, 2006 by Laura

accounting
On december1 Doris opened a speech and learning clinic.during december,her firm had the following transaction involving revenue and expenss.did the firm earn a net income or incur a net loss for the period? what was th amount? Paid 2,600 for advertising. provided service for 2...
May 1, 2010 by Lashun

Finance Accounting
One of the advantages of borrowing is that interest is deductible for income tax purposes. a. If a company pays 8 percent interest to borrow $500,000, but is in an income tax bracket that requires it to pay 40 percent income tax, what is the actual net-of-tax interest cost ...
June 4, 2013 by rennie

Finance
Agency theory deals with the issue of Answer when to hire an agent to represent the firm in negotiations. the legal liabilities of a firm if an employee, acting as the firm's agent, injures someone. the limitations placed on an employee acting as the firm's agent to obligate ...
November 29, 2010 by Anonymous

Healthcare Finance
how to calculate the revenue when you don't know the the net income but do have the expense
June 3, 2013 by Chris

Finance
Madison Metals recently reported $9,000 of sales, $6,000 of operating costs other than depreciation, and $1,500 of depreciation. The company had no amortization charges and no non-operating income. It had issued $4,000 of bonds that carry a 7% interest rate, and its federal-...
July 23, 2010 by tricica

healthcare finance
"determine the following variances from arcadia hospitals 2005 budget and determine if the variance positive or negative net patient revenue,wages,medical surgical supplies, utilities,maintenance, net income
February 26, 2010 by natalie

Finance
A firm has an opportunity to invest in a new device that will replace two of the firm’s older machines. The new device costs $570,000 and requires an additional outlay of $30,000 to cover installation and shipping. The new device will cause the firm to increase its net working...
February 29, 2012 by Rachel

Finance
a corporation had year end 2004 and 2005 retained earnings balances of $320,000 and $400,000, respectively. The firm reported net profits after taxes of $100,000 in 2005. the firm paid dividends in 2005 ofwhat
August 11, 2011 by tanya

FINANCE
Pls explain and prodive a resource to fine equation. Computing interest tax savings.Dharma Supply has earnings before interest and taxes (EBIT) of $500,000, interest expenses of $300,000, and faces a corporate tax rate of 35%. a. What is Dharma Supply’s net income? b. What ...
April 5, 2013 by CHASE

FINANCE
Pls explain and prodive a resource to fine equation. Computing interest tax savings.Dharma Supply has earnings before interest and taxes (EBIT) of $500,000, interest expenses of $300,000, and faces a corporate tax rate of 35%. a. What is Dharma Supply’s net income? b. What ...
April 5, 2013 by CHASE

Finance
Pearson Brothers recently reported an EBITDA of $9.0 million and net income of $2.7 million. It had $2.34 million of interest expense, and its corporate tax rate was 40%. What was its charge for depreciation and amortization? Could I get someone to help me on setting this up. ...
February 7, 2011 by Tony

Finance
Your firm is looking at a new investment opportunity, Project Alpha, with net cash flows as follows: ---- Net Cash Flows ---- Project Alpha Initial Cost at T-0 (Now) ($10,000) cash inflow at the end of year 1 6,000 cash inflow at the end of year 2 4,000 cash inflow at the end ...
May 17, 2012 by Casonya

Finance
A firm currently offers terms of sale of 5/10, net 50. Calculate the effective annual rate. (Use 365 days in a year.
May 8, 2012 by Anonymous

Finance
Compute taxable income. gross salary 46,660 interest earnings 225.00 dividend income 80.00 one personal exemption 3,400 itemized deductions 7,820 adjustments to income 1,150 What amount would be reported as taxable income?
January 31, 2011 by Marie

Fundamentals of finance
"Genatron wants to estimate what will happen to its income before interest and taxes if its net sales change from the 2012 level of $1,500,000. Refer to Genatron’s 2012 income statement below, where the income before interest and taxes is $247,000 (EBT of $190,000 plus ...
January 12, 2014 by Chantell

Fundamentals of finance
"Genatron wants to estimate what will happen to its income before interest and taxes if its net sales change from the 2012 level of $1,500,000. Refer to Genatron’s 2012 income statement below, where the income before interest and taxes is $247,000 (EBT of $190,000 plus ...
January 12, 2014 by Lori

Account
Here is my question, please help!!! 5. Assume that Z company's chief financial officer gave you the following information: net sales, $3,800,000; cost of goods sold, $2,100,000; extraordinary gain (net of income taxes of of $7,000), $25,000; loss from discontinued operations (...
December 5, 2006 by Angel

finance
Thelma and Louie's Inc started the year with a balance of retained earnings of $547 million and ended the ear with retained earnings of $594 million. The company paid dividends of $37 million to the preferred stockholders and $77 million to common stockholder. Calculate thelma...
February 10, 2013 by steve

Profit margin ratio
Could someone please help? I have to compute the profit margin for the following: Net income Net Sales A. $4,390 $44,830 B. 97,644 398,954 C. 111,385 257,082 D. 65,234 1,458,999 E. 80,158 435,925 I think (check your text) you use Net Profit Margin = Net Income / Net Sales ...
September 16, 2006 by Amber

MATH
Victor Malaba has a net income of $1,240 per month. If he spends $150 on food, $244 on a car payment, $300 on rent, and $50 on savings, what percent of his net income can he spend on other things?
December 11, 2013 by JENNY

finance
28. Ag Silver Mining, Inc. has $500,000 of earnings before interest and taxes at the year end. Interest expenses for the year were $10,000. The firm expects to distribute $100,000 in dividends. Calculate the earnings after taxes for the firm assuming a 40 percent tax on ...
January 11, 2012 by Vanessa

finance
28. Ag Silver Mining, Inc. has $500,000 of earnings before interest and taxes at the year end. Interest expenses for the year were $10,000. The firm expects to distribute $100,000 in dividends. Calculate the earnings after taxes for the firm assuming a 40 percent tax on ...
January 12, 2012 by Vanessa

finance
28. Ag Silver Mining, Inc. has $500,000 of earnings before interest and taxes at the year end. Interest expenses for the year were $10,000. The firm expects to distribute $100,000 in dividends. Calculate the earnings after taxes for the firm assuming a 40 percent tax on ...
January 12, 2012 by Vanessa

Finance
Ag Silver Mining, Inc. has $500,000 of earnings before interest and taxes at the year end. Interest expenses for the year were $10,000. The firm expects to distribute $100,000 in dividends. Calculate the earnings after taxes for the firm assuming a 40 percent tax on ordinary ...
January 12, 2012 by Vanessa

Finance
28. Ag Silver Mining, Inc. has $500,000 of earnings before interest and taxes at the year end. Interest expenses for the year were $10,000. The firm expects to distribute $100,000 in dividends. Calculate the earnings after taxes for the firm assuming a 40 percent tax on ...
January 12, 2012 by Sasha

Finance
Ag Silver Mining, Inc. has $500,000 of earnings before interest and taxes at the year end. Interest expenses for the year were $10,000. The firm expects to distribute $100,000 in dividends. Calculate the earnings after taxes for the firm assuming a 40 percent tax on ordinary ...
January 13, 2012 by Vanessa

Finance
Firm A has $10,000 in assets entirely financed with equity. Firm B also has $10,000 in assets, but these assets are financed by $5,000 in debt (with a 10 percent rate of interest) and $5,000 in equity. Both firms sell 10,000 units of output at $2.50 per unit. The variable ...
March 12, 2012 by John

Accounting
Absorption Income versus Contribution Margin Income Absorption Income versus Contribution Margin Income Given the computations for both gross profit on sales and contribution margin, can you give specific benefits to be derived from gross profit on sales as opposed to ...
March 5, 2009 by Te

Finance
Newdex has net income of $2,500,000 and 1,000,000 shares outstanding. It needs to raise $3,610,000 in funds for a new asset. Its investment banker plans to sell an issue of common stock to the public for $40 per share, less a spread of 5%. How much must Newdex's after-tax ...
May 14, 2010 by Samantha

finance
Little Books Inc. recently reported $3.25 million of net income. Its EBIT was $5.5 million, and its tax rate was 35%. What was its interest expense?
February 9, 2012 by jim

Finance
Firm A has $20,000 in assets entirely financed with equity. Firm B also has $20,000 in assets, financed by $10,000 in debt (with a 10 percent rate of interest) and $10,000 in equity. Both firms sell 30,000 units at a sale price of $4.00 per unit. The variable costs of ...
May 29, 2012 by Jane

Air pollution analysis
What are the effect of the following on demand for gas/oil/highways/airpollution? 1. a 900 annual tax on vehicle that gets less than 20 mil/gallon 2. 2000 annual income tax credit for owners of hybrids 3. income tax surcharge that lowers disposabl income to reduce demand for ...
November 4, 2006 by Han

Finance
Firm A has $10,000 in assets entirely financed with equity. Firm B also has $10,000 in assets, but these assets are financed by $5,000 in debt (with a 10 percent rate of interest) and $5,000 in equity. Both firms sell 10,000 units of output at $2.50 per unit. The variable ...
February 20, 2012 by Jerry

finance
Firm A has $10,000 in assets entirely financed with equity. Firm B also has $10,000 in assets, but these assets are financed by $5,000 in debt (with a 15 percent rate of interest) and $5,000 in equity. Both firms sell 10,000 units of output at $2.50 per unit. The variable ...
August 10, 2012 by cc

college
A firm has a debt to asset ratio of 75%, $240,000 in debt, and net income of $48,000. Calculate return on equity.
October 31, 2010 by Syndi

Accounting
Dividing Partnership Income Desmond Drury and Ty Wilkins have decided to form a partnership. They have agreed that Drury is to invest $44,700 and that Wilkins is to invest $104,300. Drury is to devote full time to the business, and Wilkins is to devote one-half time. The ...
September 17, 2013 by Beth smith

Finance
A U.S. firm wants to raise $15 million by selling 1 million shares at a net price of $15. We know that some say that firms "leave money on the table" because of the phenomonon of underpricing. Using the average amount of underpricing in U.S. IPOs, how many fewer shares could ...
February 5, 2013 by Anonymous

finance
11-10. A U.S. firm wants to raise $15 million by selling 1 million shares at a net price of $15. We know that some say that firms “leave money on the table” because of the phenomenon of underpricing. a. Using the average amount of underpricing in U.S. IPOs, how many fewer ...
May 5, 2013 by MK

personal finance
If your monthly net (after tax) income is $ 1500,what should be your maximum amount spent on credit payments? a)$ 200 b)$300 c)$400 d)$500 IS B CORRECT ANSWER?THANK YOU:)))
March 12, 2010 by vedrana

Accounting
Based on the following values, calculate the Return on Assets? Gross Income = $2.7M || Net Income = $1.8M || Net Assets = $900K || Current Assets = $450K I'm having a hard time with this and unsure of the formula to use. Can you please help?
April 27, 2010 by Alexa

Corporate Finance
A project cost $1 million and has a base-case NPV of exactly zero (NPV = 0). What is the projects' APV in the following cases? a. If the firm invests, it has to raise $500,000 by a stock issue. Issue costs are 15% of net proceeds. b. If the firm invests, its debt capacity ...
April 17, 2011 by Big TEE

Finance
An unlevered firm with a market value of $1 million has 50,000 shares outstanding. The firm restructures itself by issuing 200 new par bonds with face value of $1,000 and an 8% coupon. The firm uses the proceeds to repurchase outstanding stock. In considering the newly levered...
February 21, 2009 by Piyush

Corporate Finance
By how much must a firm reduce its assets in order to improve ROA from 10% to 12% if the firm's profit margin is 5% on sales of $4 million?
February 3, 2013 by Ingrid

college finance
An unlevered firm with a market value of $1 million has 50,000 shares outstanding. The firm restructures itself by issuing 200 new par bonds with face value of $1,000 and an 8% coupon. The firm uses the proceeds to repurchase outstanding stock. In considering the newly levered...
February 21, 2009 by Please Help

Corporate Finance
Organic Chicken Company has a debt-equity ratio of .65. Return on assets is 8.5 percent, and total equity is $540,000. what is the net income ?plzzzzzzzzzzzz
February 16, 2011 by Lizi

accounting
Hi! I can't figure out this question...any help is greatly appreciated! In a common size financial statement, which of the following is given a percentage of 100 percent? a. total liabilities b. total assets c. net income d. cost of goods sold I was thinking net income, but I ...
November 25, 2007 by Jen

business
For this question, use the information for Sports Baseballs, Inc. Sports Baseballs, Inc. is a corporation that manufacturers and sells baseballs across several states in the Southeast. It had sales of $2.7 million during the last year. Expenses were as follows: Cost of goods ...
January 7, 2012 by confused

finance firm's sales on credit
In general, the larger the portion of a firm's sales that are on credit, the: A. lower will be the firm's need to borrow B. higher will be the firm's need to borrow C. more rapidly credit sales will be paid off D. more the firm can buy raw materials on credit This question ...
July 25, 2008 by Jason

College Math
Brandywine Homecare, a not for hire business, had revenues of $12 million in 2011. Expenses other than depreciation totaled 75 percent of revenues, and depreciation expense was $1.5 million. All revenues were collected in cash during the yar and all expenses other than ...
June 30, 2013 by Marie

finance
A machine cost $ 4,000. It lasts 2 years and has no scrap value (that is, it has no value at the end of those two years of use). In each year, it produces $ 2400 in income. Should the firm invest in the machine if the interest rate is 10%? Should the firm invest in the machine...
March 28, 2010 by Claire

Finance
Trying to figure out how to do problems like these. So confused! 1. The receivables turnover for 2009 is 10 times. 2. All sales are on account. 3. The profit margin for 2009 is 14.5%. 4. Return on assets is 22% for 2009. 5. The current ratio on December 31, 2009, is 3.0. 6. ...
November 13, 2011 by Ali

Finance
You have found the following stock quote for RJW Enterprises, Inc., in the financial pages of today's newspaper. The closing price for this stock that appeared in yesterday's paper was $????. If the company currently has 17 million shares of stock outstanding, the net income ...
March 3, 2011 by Bradley

Finance
A U.S. Firm wants to raise $10 million of capital so it can invest in new technology. How much will it need to raise in order to net $10 million, using the average costs of raising funds.
March 10, 2011 by Julia

accounting
kindly please help me. B1, G1, and P1 formed a partnership. They agreed that B1 will receive a bonus of 10% of partnership net income. B1 and G1 will receive salary allowances of $10,000 and $8,000, respectively, and the remaining income is allocated equally. Net income ...
June 8, 2011 by jessie

Finance
23. Using Stock Quotes [L03] You have found the following stock quote for RJW Enterprises, Inc., in the financial pages of today’s newpaper. What was the closing price for this stock that appeared in yesterday’s paper? If the company currently has 25 million shares of stock ...
January 11, 2013 by Chasey

business
1.Following is the projected net income stream associated with the use of Zartek technology. (Note: this net income stream does not take into account that Zartek’s owners invested $2,000 to develop Zartek in Year 0.) Globus Maximus Enterprises would like to buy the Zartek ...
April 18, 2010 by Gerald

finance
On an income statement covering January 1 to June 30, _________ would not be included as income
April 21, 2014 by tota

Fiance
Use your knowledge of income statements to fill in the missing items: Sales Cost of goods sold $575,000 Gross profit $1,600,000 General and administrative expense $200,000 Selling and marketing expense $ Depreciation $50,000 Operating income $ Interest $100,000 Income before ...
March 3, 2013 by Jason

Accounting
Moon Shoe Factory is an investment center and is responsible for all of their net income and the use of their assets. In 2012, the invested assets totaled $475,000 and net income was $115,000. What is the rate of return on assets? A.24.2% B.25.0% C.4.0% D.413.0%
July 28, 2013 by Tee

Public Finance
Suppose the corporate income tax were eliminated and corporate income allocated to shareholders on a pro rata basis according to their proportion of outstanding stock. How would such a change in tax policy affect the excess burden and incidence of the tax, assuming that all ...
January 29, 2011 by Mel

Acc/230
Provide an example from the text or the Internet that demonstrates a situation in which a company’s net profits appeared good in the statements, but the gross or operating profits presented a different picture. Discuss how this might have occurred. Respond to the following ...
August 14, 2013 by susan

Managerial Accounting
Flexible budget planning Sam Yu, the president of Centech Computer Services, needs your help. He wonders about the potential effects on the firm's net income if he changes the service rate that the firm charges its customers. The following basic data pertains to fiscal year ...
April 5, 2011 by Courtney

Finance
. Pretty Lady Cosmetic Products has an average production process time of forty days. Finished goods are kept on hand for an average of fifteen days before they are sold. Accounts receivable are outstanding an average of 35 days, and the firm receives forty-days of credit on ...
November 18, 2007 by Bea

Accounting
a net loss of $50,000 in 2009 and net income of $250,000 in 2010. The increase in net income of $300,000 can be stated as 200% increase cannot be stated as a percentage can be stated as 0% can be stated as 100% increase
January 9, 2010 by Don

finance
A firm has $600,000 in current assets and $150,000 in current liabilities. Which of the following is correct if they use cash to pay off $50,000 in accounts payable? 1)Current ratio will increase to 5.0. 2)Net working capital will increase to $500,000. 3)Current ratio will ...
March 2, 2009 by jason

finance (after-tax profit margin)
The ABC Corp. had net income before taxes of $4000,000 and sales of $2,000,000. If it is in the 50% tax bracket its after-tax profit margin is? A. 5% B. 10% C. 20% D. 25% net income $400,000 - 50% taxes = $200,000 $200,000 / $2,000,000 sales = 10% after-tax profit margin
July 26, 2008 by Jason

finance
Firm L has debt with a market value of $200,000 and a yield of 9%. The firm's equity has a market value of $300,000, its earnings are growing at a 5% rate, and its tax rate is 40%. A similar firm with no debt has a cost of equity of 12%. Under the MM extension with growth, ...
November 20, 2010 by Anonymous

Finance/Accounting
Milwaukee Surgical Supplies, Inc, sells on terms of 3/10, net 30. Gross sales for the year are $1,200,000 and the collections department estimates that 30 percent of the customers pay on the tenth day and take discounts, 40 percent pay on the thirtieth day, and the remaining ...
October 2, 2008 by Joy

Finance
and produces 200 units of output, which it sells at $5 per unit. Firm B buys $100 worth of goods from firm A and $150 worth of goods from firm C, and produces 300 units of output, which it sells at $7 per unit. Firm C buys $50 worth of goods from firm A and nothing from firm B...
February 19, 2012 by Anonymous

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