Calculate the amount of the firm profit

Assignment Help Financial Management
Reference no: EM131530504

Evening Story Corporation has sales of $4,375,500 income tax of $581,287, the selling general and administrative expense of $298,589, depreciation of $302,305,cost of goods sold of $2,849,710,and interest expense of $144,085. Calculate the amount of the firm's profit?

Reference no: EM131530504

Questions Cloud

Analyze leadership theories and their evolution : Analyze leadership theories and their evolution. Illustrate methods of applying leadership theories. Evaluate impact of systems theory on leadership in field.
What must six-month forward rate be to prevent arbitrage : What must the six-month forward rate be to prevent arbitrage?
Find relationship between average inflation and menu costs : The accompanying table provides the inflation rate in the year 2000 and the average inflation rate over the period 2001-2013 for seven different countries.
Give your critical and personal reaction to the film : Discuss what aspects of Latin American and Argentine history are illustrated by the movie? What role did populism play?
Calculate the amount of the firm profit : Calculate the amount of the firm's profit?
What would you predict happened to unemployment : The accompanying diagram shows the inflation rate in the United Kingdom from 1980 to 2013.
An investor is examining exchange rates : An investor is examining exchange rates in London and New York. For simplicity, all rates are quoted versus the U.S. dollar.
What caused the market revolution : What caused the Market Revolution and how did it change the nature of the American Economy?
What will workman required rate of return on equity : What will Workman's required rate of return on equity be after it is acquired?

Reviews

Write a Review

Financial Management Questions & Answers

  Considering a project with the data

You are considering a project with the following data: IRR = 8.7 percent; PI = .98; NPV = -$393; Payback period = 2.44 years. Which one of the following statements is correct given this information?

  What is the value of stock today

Twister Cheese Corporation will pay a dividend of $2.00, $3.25, $4.00, and $3.00 during the next four years. You expect the stock price at the end of year four equal to $54. If the discount rate is 12%, what is the value of stock today?

  Use of discretionary sources of financing

Tulley Appliances Inc. projects next year's sales to be $21.25 million. Current sales are $17 million, based on current assets of $5.67 million and fixed assets of $8.50 million. Based on your projections, and assuming that the $200,000 expansion in ..

  What is implied value of the warrants attached to each bonds

Neubert Enterprises recently issued $1,000 par value 15-year bonds with a 5% coupon paid annually and warrants attached. These bonds are currently trading for $1,000. Neubert also has outstanding $1,000 par value 15-year straight debt with a 9% coupo..

  Purchased a bond that matures in four years

You just purchased a bond that matures in 4 years. The bond has a face value of $1,000 and has an 9% annual coupon. The bond has a current yield of 7.63%. What is the bond's yield to maturity?

  Present worth of machinery if market rate of interest widget

The Wildwood Widget Company needs a milling machine for its new assembly line. The machine presently costs $85,000, but has a cost inflation rate of 2%. Widget will not need to purchase the machine for 3 years. If the general inflation is expected to..

  What is the project net present value

What is the project's net present value if the required rate of return is 8.6 percent?

  What is the yield to maturity and yield to call

What is the yield to maturity? What is the yield to call if they are called at first opportunity?

  What is the reduction in outstanding cash balances

It takes Cookie Cutter Modular Homes, Inc., about six days to receive and deposit checks from customers. Cookie Cutter’s management is considering a lockbox system to reduce the firm’s collection times. What is the reduction in outstanding cash balan..

  Equity accounts-how many new shares will be distributed

The owners’ equity accounts for Freya International are shown here: Common stock ($.40 par value) $ 27,500 Capital surplus 375,000 Retained earnings 818,120 Total owners’ equity $ 1,220,620 a-1 If Freya stock currently sells for $40 per share and a 1..

  Present value of discounted future dividend stream

Consider a firm with existing assets that generate an EPS of $5. If the firm does not invest except to maintain existing asset, EPS is expected to remain constant at $5 a year. What will the stock price at time 0? Solve the problem using standard val..

  At current prices and cost of capital

At current prices and a 13% cost of capital, a project's NPV is $100,000. By what minimum amount must the initial cost of the project decrease (revenues will be unchanged) before you would wait 2 years to invest?

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