What is the amount of cost and not including depreciation

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Reference no: EM131963537

1. Sales = 10,000; tax rate is 40%; Net Income = 2520' Depreciation = 900; Interest Expense = 400. What is the amount of cost (not including depreciation)?

2. Sales = 10,000; tax rate is 20%; Net Income = 3000; interest expense = 350; costs = 5100 (not including depreciation). What is the amount of depreciation?

3. If the Swiss franc is expected to depreciate against the US Dollar in the near future, would a U.S.-based FI in Lausanne prefer to be net long or net short in its asset positions? Discuss.

Reference no: EM131963537

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