How much net profit after taxes did horizon

Assignment Help Finance Basics

Reference no: EM13296614

Horizon, Inc. has sales of $250,000, costs of $150,000, depreciation expense of $30,000, and interest paid of $10,000. The tax rate is 40 percent. How much net profit after taxes did Horizon, Inc. earn for the period?

Reference no: EM13296614

Questions Cloud

Show r in the lower limit topology : Prove that the intersection of any collection of closed sets in X is a closed set and prove that the union of finitely many closed sets in X is a closed set.

Explain what is the volume in milliliters of methyl alcohol : You have a solution that is 18.5 (v/v) methyl alcohol. If the bottle contains 1.09 of solution, what is the volume () in milliliters of methyl alcohol

The term terrorism has many definitions : The term terrorism has many definitions and even official definitions of the term differ.Describe in detail why definitions vary yet have great importance and significance in how we view terrorism.Use several examples of thedefinitions from a book an..

What is the frequency of the wave on the string : you are given a 5-loop standing wave. The velocity of the wave of the string is v= 10 m/s. What is the frequency of the wave on the string

How much net profit after taxes did horizon : Horizon, Inc. has sales of $250,000, costs of $150,000, depreciation expense of $30,000, and interest paid of $10,000. The tax rate is 40 percent. How much net profit after taxes did Horizon, Inc. earn for the period?

What were candy corporations earnings per share : Candy Corporation had pretax profits of $1.2 million, an average tax rate of 34 percent, and it paid preferred stock dividends of $50,000. There were 100,000 shares outstanding and no interest expense. What were Candy Corporation's earnings per sh..

Explain what a terrorist network : Explain how al-Qaeda has changed the manner in which terrorism is conducted.Discuss some of the differences in the tactics used by al-Qaeda,as well as their organization and finances. Explain what a terrorist network is, and how it differs from a ter..

What is the average current in the coil during that time : A circular coil enclosing an area of 200 cm2 is made of 210 turns of copper wire. The wire making up the coil has resistance of 3.0 ?, what is the average current in the coil during that time

Explain poor aprotic solvent for an sn2 reaction : Which one of the following is a poor aprotic solvent for an SN2 reaction? A) CH3SOCH3 (DMSO) B) CH3OH C) C6H6 D) CH3COOH E) CH3CN

User Account

All Pages