What is the addition to retained earnings

Assignment Help Finance Basics
Reference no: EM133251880

Question - Vuong Rentals has sales of $546,000, costs of $295,000, depreciation expense of $37,000, interest expense of $15,000, and a tax rate of 21 percent. The firm paid $59,000 in cash dividends. What is the addition to retained earnings?

Reference no: EM133251880

Questions Cloud

What is the value of the bonds to you given the yield : The 13-year $1,000 par bonds of Vail Inc. pay 12 percent interest. What is the value of the bonds to you given the yield
Fundamental niches of the organisms : Q1. The realized niches observed in nature are often larger than the fundamental niches of the organisms being observed.
What is luther unlevered cost of capital : Suppose Luther's equity cost of capital is 13%, its debt cost of capital is 7%, and the corporate tax rate is 21%. What is Luther's unlevered cost of capital
Explain the significance to the organism : Life Processes: Explain the significance to the organism(s) of each of the following processes, i.e., what function(s) does the process serve in the overall met
What is the addition to retained earnings : Vuong Rentals has sales of $546,000, costs of $295,000, depreciation expense of $37,000, What is the addition to retained earnings
Characteristic of data is important : How did mean annual temperature and mean annual spring temperature change during the combined data interval (1852-2012)? Other than the change in mean value ove
Calculate the annual effective risk-free interest rate : The strike price is $80. If the strike spot price at expiration is $85, then Melinda's profit is -$0.76. Calculate the annual effective risk-free interest rate
What price change would lead to a margin call : The initial margin is $10,000 per contract and the maintenance margin is $7,000 per contract. What price change would lead to a margin call
How much will monica have in her retirement account : The company will match the entire amount. How much will Monica have in her retirement account after forty years if she earns an annual return of 7%

Reviews

Write a Review

Finance Basics Questions & Answers

  Thinking about doing some speculating in interest rates

George Seby is thinking about doing some speculating in interest rates. He thinks rates will fall and, in response, the price of Treasury bond futures should mo

  Calculate the irr and use it to determine maximum deviation

Your brother wants to borrow $10,000 from you. He has offered to pay you back $12,000 in a year. If the cost of capital of this investment opportunity is 10%, what is its NPV? Should you undertake the investment opportunity? Calculate the IRR and use..

  Net present value of the investment in the furnace

A new furnace for your small factory will cost $38,000 and a year to install, will require ongoing maintenance expenditures of $1200 a year.

  What is its yield to maturity

Coupons are paid annually. If the bond currently sells for $1,050, what is its yield to maturity?

  Study comparing the creativity scores of four biology

1)A Loyola University student conducted a study comparing the creativity scores of four biology and four history majors. The results were Can you set up the formula that would be used to compute a t test? What would be the degrees of freedom? How wo..

  Annualized yields of short-term and long-term

Question 1: Assume that annualized yields of short-term and long-term securities are equal. If investors suddenly believe interest rates will increase, their actions may cause the yield curve to

  Question 1 advent software limited -advent a company listed

question 1 advent software limited -advent. a company listed on the local stock exchange. provides software products

  What is the total value of ipo

What is the total value of this IPO if the required return for similar issues is 18%?

  What is the required total margin that will make this plan

The firm projects Reported Income Index values to be 0.85 each year. What is the required Total Margin that will make this plan financially feasible?

  Is the security fairly priced under priced or over priced

The risk free rate is 3%. The expected return of market portfolio is 8%. There is a security with current price being 30 dollars. Its beta is 0.6.

  What role do the measurements of unemployment and inflation

financial management 3 essay questions apa format250 words each question 2 cited sources each question.no

  What is the bond pv

What is the bond's PV? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

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