Calculate the firms average tax rate

Assignment Help Financial Management

Reference no: EM131981383

XYZ Inc. has sales of $150,000,000, and a net profit margin 20%. XYZ has 4,000,000 shares outstanding and a marginal tax rate of 35%. The firm's stock trades for $142.75 per share. Calculate the firm's price to earnings ratio. (Round to 3 decimals)

ABC Co. has 20,000,000 in credit sales, 2,000,000 in cost of good sold, 1,000,000 in depreciation expense, 2,500,000 in cash, and a 500,000 interest expense. Using the US Corporate Tax Schedule from the textbook (and lecture slides), calculate the firms average tax rate. (Enter percentages as decimals, e.g. 10% equals 0.10; round to 4 decimals)

Reference no: EM131981383

Questions Cloud

What is proper cash flow amount to use as initial investment : What is the proper cash flow amount to use as the initial investment in fixed assets when evaluating this project?

Create a process flow diagram to illustrate the processes : Create a process flow diagram to illustrate the process(es) for determining if / when notification of the incident should be relayed to upper management.

Determine whether first normal form : Determine whether first normal form (1NF), second normal form (2NF), or third normal form (3NF) should be the goal when a DBA designs a database.

Point between resistors b and c : If resistors A, B, C, and D are connected one after the other (which means they are in series), and then one end of resistor E is connected to the point

Calculate the firms average tax rate : Using the US Corporate Tax Schedule from the textbook (and lecture slides), calculate the firms average tax rate.

Provide a staffing plan in order to ensure future product : You are a Human Resources Manager of an expanding technology company consisting of 170 employees that develops and distributes small electronic devices.

Description of a program to compute : Develop a Pseudo code description of a program to compute both roots given the values of a,b,and c. Be sure to identify the real and imaginary parts.

What peeked your interest the most : Your discussion subject of this week is what did you find most complex or perplexing about vulnerability assessment? What peeked your interest the most?

How ransomware is spread : How ransomware is spread. What suggestions would you make for preventing the spread of ransomware and protecting your organizations data from falling victim.

User Account

All Pages