What is net income after taxes

Assignment Help Financial Management
Reference no: EM132020382

Income statement: Nimitz Rental Company provided the following information to its auditors, for the year ended March 31, 2011, the. company had revenues of $878,412, general and administrative expenses of $352,666, depreciation expenses of $131,455, leasing expenses of $108,195, and interest expenses equal to $78, 122. if the company's tax rate is 34 percent, what is its net income after taxes?

Reference no: EM132020382

Questions Cloud

What is the present value of depreciation tax shield : What is the present value of the depreciation tax shield?
Find the expected cost and risk : Without taking into account the time value of money, Find the expected cost and risk
Characteristics and personality of employees : What are the unique qualities that sets your company apart from the competition? Characteristics/personality of employees (Why?)
Devaluation of euros against australian dollars : Calculate the percentage of devaluation of euros against Australian dollars as well as euros against U.S. dollars.
What is net income after taxes : if the company's tax rate is 34 percent, what is its net income after taxes?
Earned by risk-free asset is referred : The excess return earned by an asset that has a beta of 1.0 over that earned by a risk-free asset is referred to as the:
Calculate the npv of the vehicle : Calculate the NPV of the vehicle if the discount rate is 5%.
Indicates the amount of wealth created for shareholders : Which of the following decision rules indicates the amount of wealth created for shareholders?
An income stock typically generates high capital gains : Employee turnover is an example of direct bankruptcy costs. An income stock typically generates high capital gains

Reviews

Write a Review

Financial Management Questions & Answers

  Interest payments paid to common stockholders

Interest payments paid to common stockholders are more tax beneficial to a corporation than are payments to creditors.

  Calculate the cross rates for the two currencies

FIN3106 - Calculate the cross rates for the above two currencies (CNY/CHF) on a yearly basis over the past 5 years using the rates shown below and present

  Best demonstrates your risk adjusted investment abilities

Which of the following best demonstrates your risk adjusted investment abilities?

  What is the arithmetic return for the stock

A stock had returns of 18 percent, 14 percent, 19 percent, 8 percent, 13 percent, and 5 percent over the last six years. Required: What is the arithmetic return for the stock? What is the geometric return for the stock?

  What was average nominal risk premium on company stock

What was the average real return on the company's stock? What was the average nominal risk premium on the company's stock?

  Determine which good each party should specialize

George and Bill are stuck together on a desert island. There are two goods, Coconut (C) and Bananas (B). George has production function 5C+B=40, while Bill has production function C+3B=36. If they could not trade, George would choose to product 6C, w..

  Finance new playground facility in los angeles

The Goodsmith Charitable Foundation, which is tax-exempt, issued debt last year at 13 percent to help finance a new playground facility in Los Angeles.

  Henrys terminal wealth in both cases and in each state

Henry Morton has an initial wealth endowment of $1,200. What now would be Henry’s terminal wealth in both cases and in each state?

  Has exchange in your state gained broad market recognition

Given your state’s choices regarding EHBs, type of exchange (state-run, state-federal partnership, or federally run), Medicaid expansion efforts, and so forth, how would you assess the impact of the ACA in your state to date? Speci?cally, has the exc..

  Pricing options on that stock based on historical volatility

Suppose a stock has historical volatility of 15% and market is pricing options on that stock based on historical volatility.

  Your broker to trade december contract

how much must you deposit with your broker to trade the December contract?

  What will be the standard deviation of the rate of return

Consider the following information about a risky portfolio that you manage, and a risk-free asset: E(rP) = 15%, sP = 22%, rf = 5%.

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