Calculate the amount of the firms gross profit

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1. Evening Story Corporation has sales of $4,300,190; income tax of $504,142; the selling, general and administrative expenses of $203,282; depreciation of $366,203; cost of goods sold of $2,733,960; and interest expense of $155,954. Calculate the amount of the firms gross profit.

2. RRS Corporation is considering making a $5,500 investment in a machine that will save the company $2,000 in years 1-3 and $5,000 in years 4-5. Calculate the internal rate of return.

3. Using various bond websites, please locate one of each of the following bond ratings: AAA, BBB, CCC, and D. Please describe the differences between the bond ratings. Identify the strengths and weaknesses of each rating.

Reference no: EM131875713

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