Depreciation expense-interest expense and tax rate

Assignment Help Financial Management

Reference no: EM131319838

Given the following information: Sales Growth Rate 25% COGS / Sales 65% Operating Expense / Sales 20% Depreciation Expense (000) $40 Interest Expense (000) $10 Tax Rate 40% Dividends (000) $20 Calculate the following information for 20X1: Income Statement (000) 20X0 20X1 Sales 1500 1875 Cost of goods sold 975 Gross profit 525 Operating costs 300 Depreciation expense 40 Net Operating Profit 185 Interest Expense 10 Earnings Before Taxes 175 Taxes 70 Net Income 105 Dividends $20 Addition to Retained Earnings $85

Reference no: EM131319838

Questions Cloud

Dimensionless entropy associated with the situation : Pretend we are playing a coin-tossing game. We will toss 100 pennies (all distinguishable) into the air, and there is an equal chance they will land on the table or on the floor. What is the dimensionless entropy associated with the situation that..

Discuss the derivation of the friis transmission formula : Discuss the application of the directional receiving properties of a loop antenna in the location of the source of a radio signal.

Shortest time spent waiting for a heart : A) What is the shortest time spent waiting for a heart that would still place a patient in the top 10% of waiting times? __ Days B) What is the longest time spent waiting for a heart that would still place a patient in the bottom 20% __ Days of ..

Explain three generational issues that could impact a team : For the final piece of your course project, you will focus on conflict resolutions. Explain three generational issues that could impact a team and create a plan to deal with each situation

Depreciation expense-interest expense and tax rate : Given the following information: Sales Growth Rate 25% COGS / Sales 65% Operating Expense / Sales 20% Depreciation Expense (000) $40 Interest Expense (000) $10 Tax Rate 40% Dividends (000) $20.

Confidence intervals for the population proportion : Construct 90% and 95% confidence intervals for the population proportion. Interpret the results and compare the widths of the confidence intervals. If convenient, use technology to construct the confidence intervals.

Compute the radiation resistance per kilometer length : Find the time-average power required to be radiated by a Hertzian dipole in order to produce an electric field intensity of peak amplitude 0.01 V/m at a distance of 1 km broadside to the dipole.

Explain the fair approach to evaluating ethical business : Discuss the Formula for Credibility and write about the key aspects of Competence, Caring, and Character. Explain the FAIR approach to evaluating ethical business communications.

Amount of paint dispensed has a mean : A machine used to fill gallon-sized paint cans is regulated so that the amount of paint dispensed has a mean of 138 ounces and a standard deviation of 0.40 ounce. You randomly select 45 cans and carefully measure the contents. The sample mean of t..

User Account

All Pages