Reference no: EM132549462
Questions -
Q1. ABC Corporation recently reported an EBITDA of $32,600 and $9,700 of net income. The company has $6,800 interest expense, and the corporate tax rate is 35 percent. What was the company's depreciation and amortization expense? Round to nearest cent.
Q2. Barn Corp just completed their latest fiscal year. The company had sales of $17,228,600. Depreciation and amortization was $863,500, interest expense for the year was $854,600 and selling general and administrative expenses totaled $1,522,600 for the year, and costs of goods sold was $9,289,200 for the year. Assuming a federal income tax rate of 34%, what was the Barn Corps net income after-tax? Round to the nearest cent.
Q3. Working Capital: XYZ Computers reported the following information at its annual meetings. The company had cash and marketable securities worth $1,236,367, accounts payables worth $4,160,511, inventory of $7,122,996, accounts receivables of $3,488,738, notes payable worth $1,153,059, and other current assets of $121,834. What is the company's net working capital?