What is the net income for the firm

Assignment Help Financial Management

Reference no: EM13810287

Travis, Inc., has sales of $387,000, costs of $175,000, depreciation expense of $40,000, interest expense of $21,000, and a tax rate of 35 percent.

What is the net income for the firm?

Reference no: EM13810287

Questions Cloud

Proportionate share of ownership and control of corporation : It is frequently stated that the one purpose of the pre-emptive right is to allow individuals to maintain their proportionate share of the ownership and control of a corporation. How important do you suppose control is for the average stockholder of ..

Business has over either sole proprietorship or partnership : A disadvantage that the corporate form of business has over either the sole proprietorship or partnership is the:

Simple interest on its savings account balances : First City Bank pays 8 percent simple interest on its savings account balances, whereas Second City Bank pays 8 percent interest compounded annually. If you made a $5,000 deposit in each bank, how much more money would you earn from your Second City ..

What is the external financing needed : Assets and costs are proportional to sales. Debt and equity are not. A dividend of $2,500 was paid, and Martin wishes to maintain a constant payout ratio. Next year’s sales are projected to be $42,300. What is the external financing needed?

What is the net income for the firm : Travis, Inc., has sales of $387,000, costs of $175,000, depreciation expense of $40,000, interest expense of $21,000, and a tax rate of 35 percent. What is the net income for the firm?

Create a second normal form logical database model : You are then to create a second normal form logical database model and explain why you made the changes from the first normal form database using the second normal form rules

What are possible issues based on the information provided : What are possible issues based on the information provided? What kind of information would a network administrator look for in the trace file that was captured from the IP Host to the local router

Towers of hanoi problem : Solving the Towers of Hanoi Problem using State Space Search- There are 3 disks on peg A. The top disk has a diameter of 1, the middle disk has a diameter of 2, and the bottom disk has a diameter of 3

What is the firms total assets : Mandolin Bottlers Co. has net income of $4,272,335 and retains 65 percent of its income every year. If the company's internal growth rate is 8.6 percent, what is the firm’s total assets? (Round your answer to the nearest dollar.)

User Account

All Pages