Solution-What was the company taxable income for the year

What was the company taxable income for the year

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Reference no: EM131405709

Delectable Parsnip, Inc.'s, net income for the most recent year was $10,112. The tax rate was 34 percent. The firm paid $3,687 in total interest expense and deducted $5,473 in depreciation expense.

What was the company's taxable income for the year? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Taxable income $

What was the company's EBIT for the year?(Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

EBIT $

What was the company's cash coverage ratio for the year? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Cash coverage ratio times

Reference no: EM131405709

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What was the company taxable income for the year : Delectable Parsnip, Inc.'s, net income for the most recent year was $10,112. The tax rate was 34 percent. The firm paid $3,687 in total interest expense and deducted $5,473 in depreciation expense. What was the company's taxable income for the ye..

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What was the company taxable income for the year

Reference no: EM131405709

Reference no: EM131405709

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