Calculate the amount of the firm income before tax

Assignment Help Finance Basics
Reference no: EM132478207

Banana Box Corporation has sales of $4,018,885; income tax of $317,112; the selling, general and administrative expenses of $201,680; depreciation of $382,699; cost of goods sold of $2,487,242; and interest expense of $108,521. Calculate the amount of the firm's income before tax?

Reference no: EM132478207

Questions Cloud

What is the dollar amount of income : If London needs to have a total return of 0.24 during the year, then what is the dollar amount of income that she needed to have to reach her objective?
Determine the equivalent units of production : Determine the equivalent units of production. Determine the cost of the units transferred to the next department. Determine the costs per equivalent unit.
What are the challenges : What are the challenges and Impact on neighboring countries specially Pakistan and India - which recently signed between US and Taliban
Determining the cake demand next year : Cake is a product of the Chester company which is primarily sold in the Americas Budget segment. Chester starts to create their sales forecast by assuming
Calculate the amount of the firm income before tax : Calculate the amount of the firm's income before tax?
Determine the cost of ending work in process inventory : Determine the cost of ending work in process inventory and the cost of units transferred out of the department during October using the FIFO method.
Contract of indemnity and property : What problems might arise if life insurance policies were contract of indemnity and property and liability policies were valued contract
Equity cost of capital : You observe a retail company whose asset (unlevered) beta is higher than an agricultural company. Is it possible that their equity cost of capital are similar?
Why would a firm want to issue preferred and commmon stock : Determine Why would a firm want to issue both preferred stock and common stock rather than just one category of stock? with example

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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