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

  What is return on investment for the period

You sell your shares for $71.75 per share and you received a $1.65 per share dividend during the year. What is your return on investment for this period?

  Assume the probability see-at-night soccer balls

Hit or Miss Sports is introducing a new product this year. If its see-at-night soccer balls are a hit, the firm expects to be able to sell 55,000 units a year at a price of $60 each. If the new product is a bust, only 35,000 units can be sold at a pr..

  Calculate the arithmetic and geometric average time weighted

Calculate the Arithmetic and geometric average time weighted rates of return for the investor. What is the dollar weighed rate of return?

  What is the accumulated depreciation of the old sifter

What is the accumulated depreciation of the old sifter? What are the after-tax proceeds from the sale of the old sifter? What is the tax on the sale of the old?

  Net cash flow to change either positively or negatively

The net cash flow to change either positively or negatively - Detemination of how much the depreciation change cause

  Should the project be accepted based on a discount rate

The company estimates that these updates will improve their cash inflows by $18,500 a year for 5 years. What is the payback period?

  Calculate the net income or net loss for the period

During October, a firm had the following transactions involving revenue and expenses.

  What was Japeth beginning balance

Japeth's statement of changes in owner's equity shows net income of $25,000, owner's drawings of $5,000. What was Japeth's beginning balance

  What amount you will debit the deferred gain

Assume you are preparing the journal entries in the books of the lessee, what amount you will debit the deferred gain by in the first year

  Margin and total asset

A company had net income of $49,000, net sales of $390,000, and average total assets of $290,000. Its profit margin and total asset turnover were respectively:

  Compute the stock expected price from today

A stock is expected to pay a dividend of $3.50 at the end of year, If its required return is 18%. Compute the stock's expected price 4 years from today

  Prepare a production budget for supermix for the months

Pearl Products Limited of Shenzhen, China, manufactures and distributes toys throughout South East Asia. Three cubic centimeters (cc) of solvent H300 are required to manufacture each unit of Supermix, one of the company’s products. Prepare a producti..

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