What is mercury''s financial breakeven point

Reference no: EM131394275

Mercury Air's debt consists of $50,000 in accounts payable, $100,000 in 10 percent notes payable, and $240,000 in 8 percent bonds. Mercury has no preferred stock. If its marginal tax rate is 35 percent, what is Mercury's financial breakeven point?

Reference no: EM131394275

Questions Cloud

What is ensured''s degree of operating leverage (dol) : Ensured Insurance has a degree of financial leverage (DFL) equal to 4.0 and a degree of total leverage (DTL) equal to 10.0. Ensured expects sales to be $600,000 this year, and its net profit margin is 8 percent.

Discuss the constitutionality of the limited grain act : Analyze and discuss the constitutionality of the Limited Grain Act explaining the legal basis for the law and why it is constitutional or unconstitutional.

What is beachcomber’s degree of total leverage (dtl) : Beachcomber Treasures has determined that its degree of operating leverage (DOL) is 3.5 and its degree of financial leverage (DFL) is 2.0.

What is dsf’s degree of financial leverage (dfl) : Debbie's Sod Farm (DSF) expects its EBIT to be $2,250 this year. DSF's marginal tax rate is 40 percent, it must pay $1,000 in interest this year, and it has 500 shares of common stock outstanding.

What is mercury''s financial breakeven point : Mercury Air's debt consists of $50,000 in accounts payable, $100,000 in 10 percent notes payable, and $240,000 in 8 percent bonds. Mercury has no preferred stock. If its marginal tax rate is 35 percent, what is Mercury's financial breakeven point?

Which class had the highest mean score : Which class had the highest mean score?- Which class had the highest median score?- For which class are the mean and median most different? Which is higher? Why?

Create a comprehensive training proposal for the business : Select a small business with which you are familiar. Imagine that you have been called into that business to provide a consultation on training. Create a comprehensive training proposal for the business.

Difference between given two sets of statistics : What might account for the difference between these two sets of statistics?- Here is the histogram of the actual times. Write a couple of sentences summarizing what you see.

Develop a brief roadmap for implementation : Discuss how you will implement your strategic plans, including how teams should be implemented in each department. Develop a brief roadmap for implementation. Identify the primary benchmarks to assess success or failure.

User Account

All Pages