What is the amount of the net fixed assets

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Question 1: Smith Corporation reported net income of $200,000 for 2008. Its EBITDA amounted to $800,000 and interest expense was $100,000. Smith's corporate income tax rate was 30%. Calculate the amount of depreciation expense that was reported in its income statement.

Question 2: Total assets = $715, fixed assets = $395, current liabilities = $170, equity = $250, and long-term debt = $295. The only item missing from the balance sheet is current assets. What is the value of net working capital?

Question 3: ET Industries has net working capital of $12,700, current assets of $38,200, equity of $53,400, and long-term debt of $11,600. What is the amount of the net fixed assets?

Question 4: Bella, Inc. has net income of $3,500,000. The company's depreciation expense is $650,000, its interest expense is $200,000, and its income tax rate is 40%. What is its taxable income?

Reference no: EM132513639

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