Reference no: EM13980689
Rock Hill Brewery produced revenues of $1,145,227 in 2015. It has expenses (excluding depreciation) of $812,640, depreciation of $131,335, and interest expense of $81,112. It pays an average tax rate of 34 percent. What is the firm's net income after taxes?
Assume that the spot rate-dollar interest rate
: Assume that the spot rate is €0.8144/$, the 180-day forward rate is €0.7933/$, and the 180-day dollar interest rate is 6 percent per year. What is the 180-day euro interest rate per year that would prevent arbitrage?
|
Margin account and initial margin required
: You have $30,000 in a margin account, 60% initial margin required. Suppose you buy 1,000 shares of IBM, for $50/share. Assume no dividends, and that your borrowing rate is 6%. What is your percentage rate of return if, in one year, IBM stock is selli..
|
Compensation package is unaffected by the profits
: Explain how agency costs might be found within a firm whose CEO owns no shares in the firm and whose compensation package is unaffected by the profits (cash or accounting profits) of the firm.
|
Calculate the amount of notes payables
: BMW is a manufacturer of automobile parts located in Greer, South Carolina. At the end of the current fiscal year, the company had net working capital of $157,903. The company showed accounts payables of $94,233, accounts receivables of $83,112, inve..
|
What is the firms net income after taxes
: Rock Hill Brewery produced revenues of $1,145,227 in 2015. It has expenses (excluding depreciation) of $812,640, depreciation of $131,335, and interest expense of $81,112. It pays an average tax rate of 34 percent. What is the firm's net income after..
|
What is the companys net working capital
: Callo produces tennis racquets and tennis balls and lines of clothing. This year the company had cash and marketable securities worth $335,485, accounts payables worth $1,159,357, inventory of $1,651,599, accounts receivables of $1,488,121, short-ter..
|
How much long-term debt does the firm have
: Gibson Associates prepared its financial statement for 2008 based on the information given here. The company had cash worth $1,234, inventory worth $13,480, and accounts receivables worth $7,789. The company's net fixed assets are $42,331, and other ..
|
What is the amount of the net income
: A firm has a return on equity of 21 percent. The total asset turnover is 2.9 and the profit margin is 8 percent. The total equity is $8,000. What is the amount of the net income?
|
Social security the taxpayer must include in income
: A 68 year old taxpayer has $20,000 in Social Security income and $100,000 in tax free municipal bond income, Does the municipal bond income affect the amount of social security the taxpayer must include in income?
|