Depreciation and amortization expense

Assignment Help Financial Management

Reference no: EM13947081

Benson Corporation announced that its net income for the year ended June 30, 2015 is $1,200,000. The company also reported EBITDA of $5,000,000, and depreciation and amortization expense of $1,250,000. If the company's income tax rate is 50 percent, what is the amount of interest expense reported by Benson Corporation?

Reference no: EM13947081

Questions Cloud

What is market value of this bond if the yield to maturity : Junkman's Warehouse and Storage Company has an unusual bond outstanding with three years remaining until maturity. The bond is unusual because the annual coupon payments remaining are $100, $200, and $300 and the face value of the bond is $1,200. Wha..

Firm ratio of long-term debt to long-term debt plus equity : A firm has $100 million in current liabilities, $200 million in total long-term liabilities, $300 million in stockholders' equity, and total assets of $600 million. Calculate the firm's ratio of long-term debt to long-term debt plus equity.

Unusual bond outstanding with three years remaining : Junkman's Warehouse and Storage Company has an unusual bond outstanding with three years remaining until maturity. The bond is unusual because the annual coupon payments remaining are $100, $200, and $300 and the face value of the bond is $1,200. Wha..

Inventory transfers to the west coast move by truck : Elmer’s Glues are produced in upstate New York and sold throughout the country. Shipment is either direct from the factory or via regional warehouses, including one in the Los Angeles area. Inventory transfers to the West Coast move by truck. The pe..

Depreciation and amortization expense : Benson Corporation announced that its net income for the year ended June 30, 2015 is $1,200,000. The company also reported EBITDA of $5,000,000, and depreciation and amortization expense of $1,250,000. If the company's income tax rate is 50 percent, ..

Excellent job saving for retirement : Ogden Mear did an excellent job saving for retirement. He was able to save $1,000,000 in an account that pays 5 percent per year. His plan was to eventually withdraw all his money by paying himself in equal installments every six months for the next ..

Physical therapy clinic-come upon some exercise equipment : You are purchasing a bond with face value 1000 a coupon rate 12% paid semi annually and a maturity of 15 years. Investors are seeing 10% yield to maturity. What must you pay for it today? You own a physical therapy clinic and come upon some exercise ..

What is the present value of these cash flows : Herm Mueller has invested in a fund that will provide him a cash flow of $11,700 at the end of each of the next 20 years. If the interest rate is 8.5 percent, what is the present value of these cash flows?

What is the amount of interest expense reported : Benson Corporation announced that its net income for the year ended June 30, 2015 is $1,400,000. The company also reported EBITDA of $5,000,000, and depreciation and amortization expense of $1,250,000. If the company's income tax rate is 50 percent, ..

User Account

All Pages