Sheryls shipping had sales last year of 18000 the cost of

Assignment Help Finance Basics
Reference no: EM13567826

Sheryl's Shipping had sales last year of $18,000. The cost of goods sold was $8,100, general and administrative expenses were $2,600, interest expenses were $2,100, and depreciation was $2,600. The firm's tax rate is 30%.

a. What are earnings before interest and taxes?

b. What is net income?

c. What is cash flow from operations?

Reference no: EM13567826

Questions Cloud

Its assets are 14 million at the beginning of the year and : linebarger corporation has net income of 11.44 million and net revenue of 95 million in 2014. its assets are 14
Compute the following ratios at december 31 2015 acid-test : frizell company has the following comparative balance sheet data.frizell company balance sheets december
The market yield for preferred stocks of the same risk : we assume a preferred stock pays dividends of 4.30 per share per year and the market yield for preferred stocks of the
The cost of placing an order each time is pound90 and each : a firm has an annual demand for units of inventory of 1000 per year. the cost of placing an order each time is pound90
Sheryls shipping had sales last year of 18000 the cost of : sheryls shipping had sales last year of 18000. the cost of goods sold was 8100 general and administrative expenses were
Using 500-1000 words discuss methods to evaluate the : developing an evaluation plan and disseminating resultsassignment part 1 developing an evaluation plandetailsusing
Ans flowers inc reported 2008 net income of 1 million and : anns flowers inc. reported 2008 net income of 1 million and depreciation of 250000. the top part of anns flowers inc.s
Suppose a stock had an initial price of 56 per share paid : suppose a stock had an initial price of 56 per share paid a dividend of 1.60 per share during the year and had an
Suppose that jb cos has a capital structure of 66 equity 34 : suppose that jb cos. has a capital structure of 66 equity 34 debt and that its before-tax cost of debt is 13 while its

Reviews

Write a Review

Finance Basics Questions & Answers

  What is the npv for the following project

What is the NPV for the following project if its cost of capital is 15 percent and its initial after tax cost is $5,000,000 and it is expected to provide after-tax operating cash inflows of $1,800,000 in year 1, $1,900,000 in year 2, $1,700,000 in..

  Compute the capital gains yield

Assume an index of small company stocks started in 1946 at 10, and the index level was 1890.59 in 2001. Compute the capital gains yield of the small firm stocks for the period?

  Compare and contrast acquisition indebtedness and hom

Please compare and contrast acquisition indebtedness and home-equity indebtedness. Why might it be good advice from a tax perspective to think hard before deciding to quickly pay down mortgage debt?

  Boulder city hospital has just been informed that a private

boulder city hospital has just been informed that a private donor is willing to contribute 10 million per year at the

  What was the companys profit margin

Prince Albert Canning PLC had a net loss of £30,782 on sales of £497,162.

  What is the return on equity for each firm if the interest

vanderheiden press inc. and the herrenhouse publishing company had the following balance sheets as of december 31 2002

  What are the two definitions of cash and why do corporate

what are the two definitions of cash and why do corporate treasurers often use the second

  Find multiple banks to deposit his money why

Michael has inherited $500,000 from the sale of a family business. His banker is advising him to find multiple banks to deposit his money. Why?

  Which of the following is not one of the four items

which of the following is not one of the four items required to be shown in the heading of a financial statement?a. the

  What is its retained earnings

A firm has earned $5 million in net profits for the year. It decides to pay $3 million in dividends and use the rest to purchase $1 in new machinery and $1 million in raw materials. What is its Retained Earnings?

  What is an expected return

What is an expected return and why must it equal a required return? In what circumstances are these two important?

  Prepare a direct materials budget for the first quarter

Prepare a direct materials budget for the first quarter that shows both the number of computer chips needed and the dollar amount of the of the purchases in the budget.

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