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Sherly's Shipping had sales last year of $10,000. The cosr of goods sold was $6,500, general and administrative expenses were $1,000, interest expenses were $500, and depreciation was $1,00. The firm's tax rate is 35%.
a. What are earnings before interest and taxes?b. What is net income?c. What is cash flow from operations?
RGF Manufacturing recently signed a $200,000, 138-day note on June 22. The interest rate is 5%. Using a 365-day year, how much interest will be due on the note?
Determine the FTE (full-time equivalent) needed to perform these activities. On this problem you should provide the exact decima or fractional answer and Do Not want to round to the whole employee.
orders stationery and other office supplies in the amount of $300. Before the partnership pays for the supplies but after the partnership has taken title and possession of the supplies, is there any effect on the tax basis of each partner's partne..
Determine the pension expense to be reported in 2011. Prepare the journal entry to record pension expense and the employers' contribution to the pension plan in 2011.
Customers become impatient when creit approvals delayed the checkout process or when the computer was down, thus stopping all sales, including cash sales. Identify four problems with system and how you would remedy each of them.
She also expected additional case expenses amounting to $3,000 per years. The cost of capital is 12%. Assume there are no income taxes.
questionmoss exports is having a bad year. net income is only 60000. as well two important overseas customers are
Calculate the sales revenue level at which the business broke even in 2011 and calculate the sales revenue that would have been required to generate an operating profit of £240,000 in 2011.
question national shops inc. reported the subsequent amounts on its balance sheet as of 31st december
write a five-to seven-page financial statement analysis of a public corporation formatted according to apa style as
Define and describe Net Present Value (NPV) as it pertains to the new cafe and define and describe the internal Rate of Control and define discounted cash flow and payback period
questiondetermine the comments that follow as being true or false. if the comment is false briefly describe why.a. both
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