Ramen company had nopat of 5000000 in 2006 this included

Assignment Help Accounting Basics
Reference no: EM13585685

Ramen Company had NOPAT of $5,000,000 in 2006. This included $700,000 in research and development expense for 2006. Additionally, research and development in 2005 and 2004 were, respectively, $600,000 and $500,000. Ramen is subject to a 30% tax rate. Adjust NOPAT for use in the EVA calculation. Assume that research and development is capitalized and amortized over 3 years?

Reference no: EM13585685

Questions Cloud

Prepare a corrected classified balance sheet as of july 31 : the bookkeeper for geronimo company has prepared the following balance sheet as of july 31 2014.geronimo company
Indicate your own conclusion regarding whether the united : judgement case consider the question of whether the united states should converge accounting standards with ifrs.1.
Mccoy corporation issued 100000 of 75 10-year bonds the : mccoy corporation issued 100000 of 7.5 10-year bonds. the bonds are dated and sold january 1 2013. interest payment
Chatter corporation operates in an industry that has a : chatter corporation operates in an industry that has a high rate of bad debts. before any year-end adjustments the
Ramen company had nopat of 5000000 in 2006 this included : ramen company had nopat of 5000000 in 2006. this included 700000 in research and development expense for 2006.
Expalin why ionic compound are formed when a metal from the : 1. expalin why ionic compound are formed when a metal from the left side of the periodic table reacts with a nonmetal
All sales are on account and in the past 30 of the sales : all sales are on account and in the past 30 of the sales were collected in the month of the sales and 70 in the month
An instructor in a large lecture class found at the end of : an instructor in a large lecture class found at the end of the semester that total points scored by students in his
Also if you became aware of fraudulent accounting : discuss what procedures a company may take to reduce the chance of computerized fraudulent employee activities. also if

Reviews

Write a Review

Accounting Basics Questions & Answers

  Given the adjusted trial balance below prepare in good form

given the adjusted trial balance below prepare in good form an income statement statement of retained earnings and

  Kens bicycle shop sells mountain bike for purposes of a

kens bicycle shop sells mountain bike for purposes of a cost volum profit analysis the shop owner has divided sales

  Which of the following tend to be non-differential in the

which of the following tend to be non-differential in the short term since they cannot be changed but are more likely

  Calculate the profit margin and gross profit rate for the

the following selected data was retrieved from the wal-mart inc. financial statements for the year ending january 31

  What type of an asset is goodwill

Find the heading Goodwill. What type of an asset is goodwill? Does Amazon write off this asset? Explain what the company does.

  Ending inventory of raw materials

Assuming a beginning inventory of raw materials of $8,000 and an ending inventory of raw materials of $6,000, direct labour must have totaled.

  As of december 31 20x4 trask had 4000000 authorized shares

task corporation had the following stockholders equity account balances at december 31 20x4common

  Schedule indicating cash payments for operating expenses

Prepare a schedule indicating cash payments for operating expenses for June, July, and August.

  Evaluate the price and efficiency variances

Compute the flexible-budget variance and compute the price and efficiency variances.

  Employee fringe benefit program expenses

Southern Company's accountant failed to accrue as of 12/31/08 some employee fringe benefit program expenses that were incured in 2008 and that will be paid in 2009. The result of this ommision is to:

  What are the potential proprietary costs

What are the potential proprietary costs from expanded disclosures in each of these areas? If you conclude that proprietary costs are relatively low for either, what alternative explanations do you have for management's opposition?

  Prepare the stockholders equity section of the companys

prepare the stockholders equity section of the companys balance sheet. assume net income for the year is

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