Brands net income after-tax

Assignment Help Financial Management

Reference no: EM131025735

Delta Ray Brands Corp. just completed their latest fiscal year. The firm had sales of $17,062,700. Depreciation and amortization was $837,700, interest expense for the year was $836,100, and selling general and administrative expenses totaled $1,540,100 for the year, and cost of goods sold was $10,991,000 for the year. Assuming a federal income tax rate of 34%, what was the Delta Ray Brands net income after-tax?

Reference no: EM131025735

Questions Cloud

Contract for the exclusive supply of coffee : Before Malcolm's company is registered he deals with another company, West African Coffee and Chocolate Ltd (‘WACC'). WACC convince Malcolm to enter into a contract for the exclusive supply of coffee, chocolate and tea for the café.

What is weight of each stock in minimum variance portfolio : Consider two stocks, Stock D, with an expected return of 17 percent and a standard deviation of 33 percent, and Stock I, an international company, with an expected return of 8 percent and a standard deviation of 13 percent. The correlation between th..

Brief overview of dimensions of social responsibility : What is social audit and what is its relevance for business organization - what do you understand by business ethics and how it is important for the business?

Are the following lines parallel perpendicular or neither : The sum of two numbers is 90. The second is 10 more than 4 times the first. What are the two numbers?

Brands net income after-tax : Delta Ray Brands Corp. just completed their latest fiscal year. The firm had sales of $17,062,700. Depreciation and amortization was $837,700, interest expense for the year was $836,100, and selling general and administrative expenses totaled $1,540,..

Critically evaluate the questionnaire : Hometown, located in the north central United States, had a population of about fifty thousand. There were two travel agencies in Hometown before Canterbury Travels opened its doors.

What is the cost of equity of this firm : Suppose the Simmons Co's common stock has a beta of 1.37, the risk-free rate is 3.4 percent, and the market risk premium is 8.2 percent. The yield to maturity in the firm’s bonds is 7.6 percent and the debt-equity ratio is .45. What is the cost of eq..

Prepare a capital budget analysis for this base case : Based on the inputs below prepare a capital budget analysis for this Base Case using the Net Present Value, Internal Rate of Return, Profitability Index and Payback in years methods, determining whether the project is feasible. Please show your sprea..

Estimate the force on the sign with no crosswind : A delivery vehicle carries a long sign on top, as in Fig. If the sign is very thin and the vehicle moves at 65 mi/h, estimate the force on the sign with no crosswind.

User Account

All Pages