What was its interest expense

Assignment Help Finance Basics
Reference no: EM13268134

Fraser Corporation has announced that its net income for the year ended June 30, 2011, was $1,353,412. The company had EBITDA of $4,606,006, and its depreciation and amortization expense was equal to $1,200,714. The company's tax rate is 34 percent. What was its interest expense?

Reference no: EM13268134

Questions Cloud

Determine the refractive power of a meniscus lens : A meniscus lens is concave on one side and convex on the other. Find the refractive power of a meniscus lens with n = 1.56 and curvature radius 29cm on the convex side and 48cm on the concave side
Community economic development : Desire to enter the program "Community Economic Development" from your point pf view. You can search and read more about this major.
What are the after-tax proceeds from the sale : If the equipment is sold at the end of its fourth year for $13,400, what are the after-tax proceeds from the sale, assuming the marginal tax rate is 35 percent.
How much chemical energy is used : A 52% efficient device uses chemical energy to generate 570J J of electric energy. How much chemical energy is used
What was its interest expense : Fraser Corporation has announced that its net income for the year ended June 30, 2011, was $1,353,412. The company had EBITDA of $4,606,006, and its depreciation and amortization expense was equal to $1,200,714.
Compute the cash flow invested in net working capital : Compute the cash flow invested in net working capital at Hillman Corporation during 2011.
Where the branch attaches to the trunk : A 1.1 kg birdfeeder hangs from a horizontal tree branch. The birdfeeder is attached to the branch at a point that is 1.0 m from the trunk. where the branch attaches to the trunk
What is the net cash provided by financing activities : It also repurchased stock in the open market for a total of $47,063. What is the net cash provided by financing activities?
Which one should be chosen based on the npv : What is the NPV for the two systems? (Enter negative amounts using negative sign, e.g. -45.25. Round answers to 2 decimal places, e.g. 15.25.)

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