What is the firm net income after taxes

Assignment Help Finance Basics
Reference no: EM133004154

For its most recent fiscal year, Blossom Hobby Shop recorded EBITDA of $512,725.00, EBIT of $362,450.20, zero interest expense, and cash flow to investors from operating activity of $348,000.00. Assuming there are no noncash revenues recorded on the income statement, what is the firm's net income after taxes? (Round answer to 2 decimal places, e.g. 15.25.)

Reference no: EM133004154

Questions Cloud

Calculate the price of the callable bond : GoGoGUCity Inc. plans to issue a perpetual callable bond that pays 10.24% annual coupons. The current interest rate is 8%. Two years later, there is 28% probabi
Compute the expected return on investment : Compute the expected return on an investment in Target stock for the coming year. [Show answer to 2-decimal places xx.xx]
What is the current yield on bond : 1-Muscat Company has a bond with a par value of $1,000 and a 7% annual coupon interest rate. The bond has nine years remaining to the maturity date, and the req
Question on binomial lattice : Choose a lattice specification (e.g., Cox, Rubinstein, and Ross, or Jarrow and Rudd) to implement a binomial model to value European Call and Put options. Provi
What is the firm net income after taxes : For its most recent fiscal year, Blossom Hobby Shop recorded EBITDA of $512,725.00, EBIT of $362,450.20, zero interest expense, and cash flow to investors from
Compute daily stock returns for three stocks : 1) Download daily prices for three stocks: TSLA, AMZN, NVDA (Jan 1, 2021 - Jun 30, 2021) from Bloomberg.
What is the annual cost in the percentage of financing : Amcor Limited, an Australian company, can issue three years Swiss franc-denominated bonds with a coupon rate of 3.02 per cent. Assuming that Amcor can issue bon
Compute the project npv : A new product is being considered for market. An outlay of $16M is required for equipment and $4M for additional net working capital. Management expects the pro
Determining the value of money : 1. José López has $ 15,000 in a 6-year certificate of deposit (CD) that pays a guaranteed annual rate of 4%. Make a timeline showing when the cash flows will oc

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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