What is pelamed net income

Reference no: EM132031109

Question: Pelamed Pharmaceuticals had EBIT of $299 million in 2010. In addition, Pelamed had interest expenses of $95 million and a corporate tax rate of 35%.

a. What is Pelamed's 2010 net income?

b. What is the total of Pelamed's 2010 net income plus interest payments?

c. If Pelamed had no interest expenses, what would have been its 2010 net income? How does it compare to your answer in part (a)?

d. What is the amount of Pelamed's interest tax shield in 2010?

Reference no: EM132031109

Questions Cloud

Calculate the estimated maximum probable yearly loss : Calculate the estimated maximum probable yearly loss(MPY) for diamond theft in 2016, based on the information in the table above.

Principal loaned and expected interest payments at risk : Credit risk puts both the principal loaned and expected interest payments at risk. As a result, FIs issue financial claims that have a risk–return profile with

What are the implications of the two ratios : Payout and plowback for Apple Computers Inc, why is this important and what are the implications of these two ratios in essay answer?

What are sensitivity and scenario analysis : What are sensitivity and scenario analysis and be able to distinguish between the two analyses

What is pelamed net income : Pelamed Pharmaceuticals had EBIT of $299 million in 2010. In addition, Pelamed had interest expenses of $95 million and a corporate tax rate of 35%.

Prepare adjusting entries for the seven items described : A count of supplies on December 31, 2014, indicates that supplies of $911 are on hand. Prepare adjusting entries for the seven items described above

Explain what a cloud-based system is : Explain what a "cloud-based" system is and how it differs from a system implemented on the premise of the using organization.

What is the end of the year total assets : Develop the timeline Its year-end liabilities are $50,000. What is the end of the year total assets?

What coupon rate should the company set on bonds : Pembroke Co. wants to issue new 20-year bonds for some much-needed expansion projects. The company currently has 7 percent coupon bonds on the market.

User Account

All Pages