What is it Net Operating Profit After Tax

Assignment Help Financial Accounting
Reference no: EM132962083

Question - A company has an operating profit or EBIT of $725,000 in 2019 and paid interest totalling $51,000. It's tax rate is 30%. What is it's Net Operating Profit After Tax?

a. $523,000

b. $461,000

c. $472,000

d. $508,000

Reference no: EM132962083

Questions Cloud

How many phones must be sold to achieve the breakeven point : How many phones must be sold to achieve the breakeven point? U.S. Telephone Cellular sells phones for $100. The unit variable cost per phone is $50 plus.
Discuss whether Dave is performing in a professional manner : Occasionally, Dave's clients will call him at the office during regular working hours. Discuss whether Dave is performing in a professional manner
How much total cost would be allocated to assembly activity : How much total cost would be allocated to the Assembly activity cost pool? Abagail Corp. uses activity-based costing system with three activity cost pools.
What is the theoretical capacity : What is the theoretical capacity, the practical capacity, the normal capacity, and the master budget capacity of MASKS Company?
What is it Net Operating Profit After Tax : A company has an operating profit or EBIT of $725,000 in 2019 and paid interest totalling $51,000. It's tax rate is 30%. What is it's Net Operating Profit
How many pizzas must the company se to earn a target : How many pizzas must the company se to earn a target net profit of $60,000? Basic CVP analysis: retailer University Pizza delivers pizzas to the residential.
What was the company net profit for the previous year : The sales manager believes that a reduction in the sales price to $2500 will result in orders for 1200 more TVs each year. What will the break-even point be
Draw a histogram of the wage distribution : Question - Draw a histogram of the wage distribution for the public and private sector employees respectively. Interpret the graphs carefully
What is the shop break-even sales revenue in dollars : Racing Wheels Bicycle Shop sells racing bicycles. What is the shop's break-even sales revenue in dollars? Assume a constant sales mix.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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