How much in taxes did the company pay

Assignment Help Financial Management
Reference no: EM132060820

The XYZ Corporation had sales this last year of $4 million. Its COGS was $2.2 million and operating expenses were $400,000. Interest expense totaled $260,000 and the company paid out $40,000 in stock dividends. Its tax rate is 35%.

How much in taxes did the company pay?

Reference no: EM132060820

Questions Cloud

Discussion on-productivity : Question: Define productivity in both a product and service-based organization. Are the definitions different?
Try to reason with the japanese engineer : Your company has recently entered into a cooperative venture with a Japanese firm. A team of Japanese engineers has come to your plant to teach
What is your nominal yield to maturity : You have purchased a $1000 face value bond carrying a coupon rate of 5% with interest payments every 6 months, 6 years back for $950.
Annual costs for either location at point of indifference : What would be total annual costs for either location at the point of indifference?
How much in taxes did the company pay : The XYZ Corporation had sales this last year of $4 million. Its COGS was $2.2 million and operating expenses were $400,000.
Describes the tasks necessary to produce product : They plan to use this production line 12 hours a day in order to meet forecasted demand of 1000 units per day. The following table describes the tasks necessary
How many additional dollars of interest would you earn : How many additional dollars of interest would you earn over 10 years from the account that pays 6.4%.
Collecting data for a productivity metrics dashboard : What are three best practices for collecting data for a productivity metrics dashboard?
Estimate the value of the firm : The firm had a cost of equity of 12% and a cost of capital of 10%. The annualized standard deviation in firm values of comparable firms is 12.5%.

Reviews

Write a Review

Financial Management Questions & Answers

  Foreign company acquisition

Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.

  Financial management for profit and non profit organizations

In this essay, we are going to discuss the issues of financial management in a non-profit organisation.

  Method for estimating a venture''s value

Evaluate venture's present value, cash and surplus cash and basic venture capital.

  Replacement analysis

This document show the Replacement Analysis of modling machine. Is replacement give profit to company or not?

  Business finance task - capital budgeting

Your company is considering using the payback period for capital-budgeting. Discuss the advantages and disadvantages of this technique.

  Analysis of the investment

In this project, you will focus on one of these: the additional cost resulting from the purchase of an apple press (a piece of equipment required to manufacture apple juice).

  Conduct a what-if analysis

Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.

  Determine operational expenditures

Organisations' behaviour is guided by financial data. In the short term, such data will help determine operational expenditures; in the long term, historical data may help generate forecasts aimed at determining strategic plans. In both instances.

  Personal financial management

How much will you have left over each half year if you adopt the latter course of action?

  Sources of finance for expansion into new foreign markets

A quoted company is considering several long-term sources of finance for expansion into new foreign markets.

  Long term financial planning

This assignment is designed for analyze Long term financial planning begins with the sales forecast and the key input in the long term fincial planning.

  Explain the role of fincial manager

This assignment explain the role of fincial manager, function of manger. And what are the motives of financial manager.

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