What was the amount of the costs incurred by the firm

Reference no: EM13262019

Smith, Inc. incurred depreciation expenses of $48,500 last year. The sales were $358,900 and the addition to retained earnings was $39,400. The firm paid interest of $14,300 and dividends of $10,000. The tax rate was 35 percent. What was the amount of the costs incurred by the firm for last year?

Reference no: EM13262019

Questions Cloud

Estimate what happens to the value of the portfolio : the gamma and vega of a delta neutral portfolio are 50 per $ and 25 per %, respectively. Estimate what happens to the value of the portfolio when there is a shock to the market casuing the underlying asset price to decrease by $3 and its volatilit..

What is your expected starting salary : Given the returns and probabilities for the three possible states listed here, calculate the covariance between the returns of Stock A and Stock B. For convenience, assume that the expected returns of Stock A and Stock B are 0.09 and 0.15, respect..

What is the total distance between object and image : A thin double convex lens is to focus the image of an object onto a screen so that the image is life-sized. What is the total distance L between object and image

Construct the truth table of a 1-bit full adder : (b) Construct a 3-input-8-output binary decoder using NOT, AND and OR gates (without enable logic). (c) Using the above decoder, design the following logic function. Add the required gates and re-draw the decoder.

What was the amount of the costs incurred by the firm : The tax rate was 35 percent. What was the amount of the costs incurred by the firm for last year?

How many miles could the car go on a single tablet : Suppose one gallon of gasoline produces 1.41×108 J of energy, and this energy is sufficient to operate a car for 20.0 miles. how many miles could the car go on a single tablet

Analyze the personal computer : Analyze the personal computer (PC) industry. Why did Apple struggle historically in PCs? How sustainable is Apple’s competitive position in PCs, smartphones, and tablets?

What would be the result at the end of five years : What would be the result at the end of five years If she pays her uncle $100 a month?

What is the location of the center of mass of the system : A person with mass m1 = 60 kg stands at the left end of a uniform beam with mass m2 = 107 kg and a length L = 3.5 m. What is the location of the center of mass of the system

User Account

All Pages