What is net income-cleveland motors

Assignment Help Finance Basics
Reference no: EM132618255

If Cleveland Motors Had an EBIT of $22,941,500, Interest of $7,376,700 and is taxed at an average rate of 32% what is their Net Income? Round to the nearest cent.

Reference no: EM132618255

Questions Cloud

Budget director in preparing a report outlining : Los Angeles has a severe budget crisis and the mayor has asked you to help the budget director in preparing a report outlining cuts
Calculate the cash flow to creditors : During the most current year, XYZ Corp paid $56,580 in interest and $75,370 in dividends. In order to fund a large expansion
Describe objective within the parameters of field education : Explain how your personal professional goals and objectives that you identified might be reflected in your agency learning agreement.
Represents net income for the quarter : Which of the following represents net income for the quarter? If the amounts is in parenthesis it represents a net loss for thw quarter.
What is net income-cleveland motors : If Cleveland Motors Had an EBIT of $22,941,500, Interest of $7,376,700 and is taxed at an average rate of 32% what is their Net Income?
Capital investment techniques of net present value : Distinguish between the 3 capital investment techniques of (1) Net Present Value, (2) Internal Rate of Return, and (3) Payback Method.
Discuss briefly three types of fraud examination services : Forensic accountants are in major part defined by the nature of their work. Discuss briefly three (3) types of fraud examination services
What is a mental model : According to Bolman and Deal (2017), What is a mental model and how do mental models influence understanding of world and organizational events?
Delta ray brands net income after-tax : Assuming a federal income tax rate of 34%, what was the Delta Ray Brands net income after-tax? Round to the nearest cent.

Reviews

Write a Review

Finance Basics Questions & Answers

  Calculating the reported earnings growth

What will Ludwig Inc.'s price per share be after the merger if the market incorrectly analyzes this reported earnings growth (that is, the price-earnings ratio does not change)?

  Financing plan and under the bond issue alternative

a. Calculate earnings per share under the all equity financing plan and under the bond issue alternative.

  What is the amount a person would have to deposit today

What is the amount a person would have to deposit today to be able to take out $5000 a year for 10 years from an account earning 8 percent annually?

  Define algebraic symbols for relevant unknown quantities

Suppose that you are cooking a dinner for a number of people. You only know how to cook one dish, and this requires you to buy 0.1 kg of meat plus 0.3 kg.

  The company pays a constant annual dividend and has a

the common stock of the garden of eden is selling for 42 a share. the company pays a constant annual dividend and has

  What is dell total profit

Reconsider a depreciation of Euro (relative to US dollar) from $1.20/€ to $1.08/€. Now assume passthrough = 0.8. What is Dell's total profit in $?

  Calculation of cost of common stock shares

Calculation of cost of common stock shares and shares of common stock outstanding and it is presumed the Larsen Co

  Business health and safety regulation

1. Define the term compliance and noncompliance using your note. 2. Discuss methods to report noncompliance with business health and safety regulation.

  Determining the trucking firm claim

A trucking firm suspects that the mean life of a certain tire it uses is less than 35,000 miles. To check the claim, the firm randomly selects and tests 18 of these tires and gets a mean lifetime of 34,350 miles with standard deviation of 1200 mi..

  Bonds make semiannual payments

Harrison Co. issued 14-year bonds one year ago at a coupon rate of 6.9 percent. The bonds make semiannual payments.

  Demonstrate the asset report

Pass diary sections to record the aforementioned exchanges and demonstrate the asset report of the firm promptly after A's retirement.

  Determination of weighted average cost of capital

If your company aftertax cost of debt is 6 percent, the cost of preferred stock is 10%, and the cost of common stock is 11 percent, determine the Weighted Average Cost of Capital?

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