What is its basic earning power ratio

Assignment Help Finance Basics
Reference no: EM13267414

Basic Earning Power Duval Manufacturing recently reported the following information Net income $215,000 ROA 12% Interest expense $66,650 Duval's tax rate is 30%. What is its basic earning power (BEP) ratio? Round your answer to two decimal places.

Reference no: EM13267414

Questions Cloud

Find the required volume of the balloon : A plastic bag is filled with helium at atmospheric pressure and 18.0 oC. Assume that the mass of the bag is negligible, what is the required volume of the balloon if the air inside can be maintained at 39.0 oC
What is the current book value after the third year : What is the current book value after the third year? If Jones sells the equipment today for $184,000, and its tax rate is 35%, what is the after-tax cash flow from selling it?
Explain how many grams of na2co3 are required : Na2CO3 is dissolved in approximately 25 mL of distilled water. How many grams of Na2CO3 are required to react with approximately 25 mL of 0.1 M HCl
Draw a state diagram for an fsm with an input gcnt : draw a state diagram for an FSM with an input gcnt and three outputs x,y, and z. The xyz outputs generate a sequence called a Gray code in which exactly one of the three outputs changes from 0 to 1 or from 1 to 0.
What is its basic earning power ratio : Basic Earning Power Duval Manufacturing recently reported the following information Net income $215,000 ROA 12% Interest expense $66,650 Duval's tax rate is 30%. What is its basic earning power (BEP) ratio? Round your answer to two decimal places.
What is the rate of change in entropy of the boiler : A copper rod 20 cm long having a cross-sectional area of 7.0 cm2 is used to connect a boiler maintained at 100 oC to a large block of ice at 0 oC. What is the rate of change in entropy of the boiler
Demonstrate your approach toward the client : What are the steps in the juvenile justice process that must be taken to defend Mrs. I's teenager?Provide steps and how you would approach making sure every step is handled for this case.
Compute the volume of approximately 37 wt hcl : Calculate the volume of approximately 37 wt% HCl that should be added to 1 L of distilled water to produce 0.1 M HCl
What is jaster market/book ratio : It has 900 million shares of common stock outstanding, and its stock price is $29 per share. What is Jaster's market/book ratio? Round your answer to two decimal places.

Reviews

Write a Review

Finance Basics Questions & Answers

  Reducing the interest due on a loan

When a person gets a mortgage on their home, they usually also get an amortization schedule showing each of 360 payments listed with value of principle being paid and rate of interest.

  Bankruptcy-employee claims

Sonia, a book dealer, has following assets: a building worth $155,000, accounts receivable amounting to $32,500 due within the next three months, and $25,000 cash in the bank.

  What is the gain or loss on the futures contract

what is the gain or loss on the futures contract? (Assume a $1,000 par value, and round to the nearest whole dollar.)

  Compute the net investment required for project

LISP Corporation is considering to buy a new dubber for $50,000. The new equipment will replace an older mixer that has been fully depreciated but has a salvage value of $5,000.

  Finding costs

Suppose your Corporation has $100,000 available in Retrained Earnings at a cost of 12 percent. Additional common stock can be issued at a cost of 14 percent.

  Objectives questions on key data

Determine which of the following are temporary differences that are normally classified as expenses or losses that are deductible after they are recognized in financial income?

  Explanation of future value

Suppose on January 1 you deposit $100 in an account that pays a nominal, or quoted interest rate of 11.33463%,with interest added (compounded) daily.

  Calculate the value of brooks operations

What is the terminal, or horizon, value of operations? (Hint: Find the value of all free cash blows Year 2 discounted back to Year 2.)

  Assessment of dynatronics financial performance

Determine assessment of Dynatronics' financial performance over the period 1986-1988? What strengths or weaknesses, if any, do you see?

  Objective question related to finance

If you invest $750 every six months at 8 percent compounded semi-annually, how much would you accumulate at the end of 10-years?

  Discuss the different categories of ratios

Discuss the different categories of ratios? Determine which category of ratios is of the most importance to a bondholder?

  Iron company sells its irons

Suppose that discount rate is 10% each year, there is no possibility of repeat order, also Q will pay either in full or not at all.

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