How much should be the ebit

Assignment Help Accounting Basics
Reference no: EM133152070

Question - UPA Corp pays 8.5% on its debt, which are all interest bearing. Its balance sheet shows its assets at Php 3,600,000 that kept its Equity Multiplier at 3.0. If ROA is 20% on tax rate of 25%, how much should be the EBIT?

Reference no: EM133152070

Questions Cloud

Prepare general journal entries to record the transactions : On 1 October 2020, directors issued a prospectus offering 40,000 ordinary shares at issue price of $2.90, Prepare general journal entries to record transactions
Perspective of the dividend discount model : From the perspective of the dividend discount model, should a corporation undertake a project for which the ROE is less than its discount rate?
Differences between financial and managerial accounting : Discuss the differences between financial and managerial accounting. What types of financial statements are used by business organizations?
Make journal entry to record the original issuance : On January 1, 2015, when its $30 par value common stock was selling for $80 per share, Make journal entry to record the original issuance
How much should be the ebit : Its balance sheet shows its assets at Php 3,600,000 that kept its Equity Multiplier at 3.0. If ROA is 20% on tax rate of 25%, how much should be the EBIT
Financial accountability or professional career growth : Consider such factors as personal organizational skills, financial awareness, financial accountability, or professional career growth.
Company actual profit : Indicate reasons why a company's actual profit would be different from the estimated profit when the bid was originally submitted.
Calculate the maximum profit which can be achieved : Calculate the maximum profit which can be achieved in the period - Explain the limitations of Cost Volume Profit (CVP) analysis
What small businesses are doing to survive : Explain what small businesses are doing to survive and what would you do differently to make your small business survive ?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Compute the relevant cost of making the component

Make or Buy Assume that a division of Bose makes an electronic component for its speakers. Its manufacturing process for the component is a highly automated.

  What are the prime costs

If 13,750 equivalent units are produced, what is the equivalent material cost per unit? What are the conversion costs?What is the total product cost?

  How much did you spend in renovating the house

You also find that renovation added $75,000 value to your house. How much did you spend in renovating the house

  What is the organizations contribution margin rate

The Carlton Organization rents its hotel rooms for $600 per night with variable expenses of $450 per room. What is the organizations contribution margin rate.

  Prepare a multiple-step income statment

Need to prepare a multiple-step income statment for 2010 for Howell Corporation that is presented in accordance with generally accepted accounting principles(including format and terminology).

  Calculate the returns for each company and the market

Calculate the returns for each company and the market (All Ords Index) as per the formula below. Note that the returns are transformed into percentages

  How much does ballard company owe to the government

Ballard Company's tax rate is 30%. How much does Ballard Company owe to the government as a result of this year's operations

  Identify each cost as being relevant or irrelevant to ms

leah friend is trying to decide which two different kinds of candy to sell in her retail candy store. one type is a

  Give response after reading the statement

The president of Murquery Company is puzzled. During the last year, the company experienced a net loss of $800,000, yet its cash increased $300,000.

  What is the maximum allowable deduction

What is the maximum allowable deduction that Tapper may take as a charitable contribution on its tax return for the year ended December 31, year 1

  Which the historical cost of the various asset be determined

In a "basket price" or "lump sum" purchase of assets, which of the describe the historical cost of the various assets should be determined?

  Which is not a requirement of a company external auditors

Which is not a requirement of a company's external auditors under the Sarbanes-Oxley Act? They must design and implement an effective information system design.

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