Calculate the amount of the firm gross profit

Assignment Help Finance Basics
Reference no: EM132034347

Evening Story Corporation has sales of $4,820,060; income tax of $485,667; the selling, general and administrative expenses of $202,448; depreciation of $384,008; cost of goods sold of $2,896,820; and interest expense of $172,325. Calculate the amount of the firm's gross profit.

Reference no: EM132034347

Questions Cloud

Understanding and intuition : Please rank beta of the following five investment choices from the highest to lowest base your ranking on your understanding and intuition):
Calculate the profitability index for project : Calculate the profitability index for project x. calculate the profitability index for project y.
Calculate the ytm of rm 5-year bond : How to calculate the YTM of RM's 5-year bond based on the closing pricing.
The net present value method of investment analysis : Determine the net present value using the net present value method of investment analysis.
Calculate the amount of the firm gross profit : Calculate the amount of the firm's gross profit.
What is the amount of the firm ebit : Advantage First Corporation has sales of $4,685,660; income tax of $481,908; the selling, general and administrative expenses of $234,872
The put-call parity holds : See if the Put-Call Parity holds. If not, tell me your arbitrage strategy and the exact profit you would receive.
Annual nominal interest rate and effective annual rate : What is the Annual Nominal Interest Rate and Effective annual rate on Money Credit Union loan?
Calculate rafael rate of return : Rafael purchased 100 shares of corporate stock 7 years ago for $32 a share plus brokerage fees totaling $90. Calculate Rafael's rate of return.

Reviews

Write a Review

Finance Basics Questions & Answers

  Define a horizontal merger

List one benefit of trading halts for publicly listed companies as a way of managing information made available to the public, and list two disadvantages of trading halts.

  Define consequence of financial leverage

"For small amounts of debt, the risk of bankruptcy as a consequence of financial leverage is minimal. Hence, moderate borrowing should not affect the expected.

  What is the acceptance range for a 1% significance level

What is the acceptance range for a 5% significance level? What is the acceptance range for a 1% significance level?

  Business in mexico

Can you pls give me an example of a US company doing business in mexico successfully. The Pertinent aspects of U.S. law that th company should be aware

  Two integer linear inequalities for which reverse is true

Write two integer linear inequalities for which bounds propagation reduces domains more than minimizing and maximizing each variable subject to a continuous relaxation of the constraint set.

  Determine the price for a company

Determine the price for a company paying a $1 dividend that is expected to grow at a rate of 30% per annum for the next 5 years and then grow at a rate of 10%.

  Example of direct labor cost in a factory

1) Which of the following is an example of direct labor cost in a factory?

  Experimental cost-saving procedure

Shanos Inc. would like to finance an experimental cost-saving procedure by issuing new common stock. The corporations existing common stock currently.

  What is the weighted average life

You have a portfolio with an average duration of 6.5 years and a value of $1 million. If interest rates rise by 150 basis points, what will be the approximate value of your portfolio if you make no changes?

  Count for a patient not taking supplements

What is the expected CD4 count for a patient not taking supplements who has had HIV for 2.5 years?

  What is the intrinsic value of abc stock

ABC just paid a dividend of $3 and is expected to grow at 20% for three years and then at 6% thereafter. If the required return for ABC common stock is 10%.

  What is the total asset turnover rate

AZ Sales has total revenue of $318,400, cost of goods sold equal to 72 percent of sales, and a profit margin of 8.1 percent.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd