What is sales revenue

Assignment Help Accounting Basics
Reference no: EM132486238

Question - The Income Statement for ABC Company shows Cost of Sales of $74,000, Administrative Expenses of $20,000, Rental Expenses of $12,000, Interest Revenue of $33,000, Interest Expense of $15,000, and Net Income after Taxes of $60,000. Assuming there are no other items to be considered and that the Income Taxes are 25% of Net Income before Taxes, what is sales revenue?

Reference no: EM132486238

Questions Cloud

Determine What is the yield to maturity : Abner? Corporation's bonds mature in 22 years and pay 13 percent interest annually. If you purchase the bonds for ?$1,175?, Determine what is yield to? maturity
What two parts of the eye make up the fibrous coat : Which cavity (segment) contained the more liquid aqueous humor? What two parts of the eye make up the fibrous coat?
What is the company days sales outstanding : Question - The following company information is available: Average accounts receivable $200000. What is the company days sales outstanding
What is the price of the bonds : For Doisneau 25-year bonds have an annual If the bonds are trading with a market's required yield to maturity of 17 percent, What is the price of the bonds?
What is sales revenue : Assuming there are no other items to be considered and that the Income Taxes are 25% of Net Income before Taxes, what is sales revenue
What is the bonds yield to maturity : What is the? bond's yield to? maturity? The market price is ?$900 15?-year bond ?($1,000 par? value) that pays 11 percent annual? interest
What would be the value of the bond : What would be the value of this bond if it paid interest? annually? What would be the value of this bond if it paid interest? semiannually?
What is the number of common shares outstanding : On September 30, 2005 the company repurchased 500,000 shares of common stock. What is the number of common shares outstanding at December 31, 2005
Embryonic and induced pluripotent stem cells : Explain how stems cells can be used to treat diseases and injury, with special focus on spinal cord injuries.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture 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