Bulldogs Inc. has an earnings before interest and taxes of P4,750,000. The company’s total depreciation and amortization expense is P870,000.  The company is not paying any interest arising from any financing cost.  The net investment in operating capital of the company is P1,570,000. The company has a 30% tax rate. What is Bulldog’s net operating profit after taxes?

Q: An annual income statement from Quest Realty, Inc. is shown below: Revenues Revenue from sales of…

A:

Q: Toodles Inc. had sales of $1,840,000. Cost of goods sold, administrative and selling expenses, and…

A: As posted multiple independent questions we are answering only first question kindly repost the…

Q: The Malia  Corporation had sales in 2019 of $65 million, total asswets of $42 million, and total…

A: Given:Sales=$65 million in year 2019Assets = $42 millionOperating profit margin = 12%Liabilities =…

Q: Crystal Oil has $9 million in accounts payable, $1.8 million in salaries and taxes payable, and…

A: Payables deferral period of a company, is nothing but the average time period taken to pay the…

Q: Sol Limited. reported earnings of $410,000 in 20X8. The company has $81,000 of depreciation expense…

A: SOL Limited's Earnings = $410000 in 20x8 Depreciation expense = $81000 CCA claimed = $122000 Tax…

Q: Mo’s INC recently reported an EBITDA of $15 million and net income of $5.3 million. It had $3…

A: Depreciation refers to spreading the cost of fixed assets over their useful life. It includes all…

Q: Frezia Corp.'s total assets at the end of last year were P315,000 and its net income after taxes was…

A: Return on total assets = Net Income/ Avg. total assets

Q: The Johnson's Company had net income(after tax) = 500,000 USD, Johnson's Company's income statement…

A: Times Interest Earned is the ratio that depicts how many times the organization can cover its…

Q: During 2018, Raines Umbrella Corp. had sales of $750,000. Cost of goods sold, administrative and…

A: Here, Free Cash flow to Equityholder, FCFE = Dividend paid to the shareholders = $68,000Let's put…

Q: How much Net Income did the company earn during the year

A: The income generated by a business in the course of normal operations, after deducting the direct…

Q: The Johnson's Company had net income (after tax) = 500,000 USD, Johnson's Company's income statement…

A: Times interest earned ratio is a ratio calculated to determine how many times the earnings available…

Q: Yaya Inc. has earnings before interest and taxes of P4,750,000. The company’s total depreciation and…

A: “Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: ACME Corp’s balance sheet reported that it had $650,000 in liabilities and $275,000 in equity. On…

A: Return on  Assets: Return on assets (ROA), also known as return on total assets, is a measurement of…

Q: Vhea Corp has an operating profit of P1,200 produced from P9,800 in sales. If Vhea has no interest…

A: Net profit margin:- Net profit margin show the total net income that a company would earned as a…

Q: ou have been given the following information for Moore’s HoneyBee Corp.:  Net sales = $44,000,000.…

A: Recall the mathematical equation:Gross Profit = Net Sales - Cost of Goods soldHence, 19,400,000 =…

Q: Last year SG Corporation had P5 million in operating income (EBIT). The company had a net…

A: solution

Q: 1. Fattal Inc. recently reported $120,000 of sales, $75,500 of operating costs other than…

A: The statement of profit or loss of a company shows all the income earned and expenses incurred by a…

Q: Patterson Brothers recently reported an EBITDA of $8.5 million and net income of $1.8 million. It…

A: Hello. Since your question has multiple parts, we will solve the first question for you. If you want…

Q: The Moore Corporation has operating income (EBIT) of $750,000. The company’s depreciation expense is…

A: Net income is calculated by using the following formula: NI = (EBIT - Interest) * (1 - tax rate) Net…

Q: At the end of last year, River Side Company achieved $9 million in revenues (EBITDA). Depreciation…

A: Net income:  It is often defined as the total earnings earned by a business during an accounting…

Q: LUGAW Inc. has an earnings before interest and taxes of P4,750,000. The company’s total depreciation…

A: Taxes = Earnings before interest and taxes x tax rate = P4,750,000 X 30% = P1,425,000

Q: Southeast Airlines had pretax earnings of $65 million. Included in this amount is income from…

A: Compute income from continuing operations as shown below:

Q: The following financial information was provided by Anya Company: Net Income      8,255,000.00…

A: Business organizations are required to charge the depreciation expense on their assets so as to show…

Q: Southeast Airlines had pretax earnings of $65 million. Included in this amount is income from…

A: Compute income tax expense.

Q: Frederickson Office Supplies recently reported $10,000 of sales, $7,250 of operating costs other…

A: Taxable income before taxes means revenues less expenses of the business but tax amount is not…

Q: Sidewinder, Inc., has sales of $674,000, costs of $338,000, depreciation expense of $83,000,…

A: Retained earnings are the excess amount of revenue after deducting all the expenses and paying out…

Q: Green Office Supplies recently reported $15,500 of sales, $8,250 of operating costs other than…

A: As per the Guidelines, only first question should be answered. Since you have asked multiple…

Q: During the year, Belyk Paving Co. had sales of $2,600,000. Cost of goods sold, administrative and…

A: Calculate the net income as follows:

Q: Patterson Brothers recently reported an EBITDA of $7.5 million andnet income of $2.1 million. It had…

A: Given information: EBIDTA is $7.5 million Net income is $2.1 million, Interest expense is $2.0…

Q: Using 2017’s tax rules, Amiouny, Inc. had sales revenue of $400,000. Costs other than depreciation…

A: Taxable income is income available after all expenses paid including depreciation and interest.

Q: Toodles Inc. had sales of $1,840,000. Cost of goods sold, administrative and selling expenses, and…

A: The question is based on the concept of Financial Management.

Q: What is the return on equity for each firm if the interest rate on current liabilities is 10% and…

A: Return on equity is a financial metric that helps in evaluating the profitability position of a…

Q: Vhea Corp has an operating profit of P1,200 produced from P9,800 in sales. If Vhea has no interest…

A: Operating profit- This profit is obtained by the entity during its operating activities only. This…

Q: Griffin's Goat Farm, Inc., has sales of $675,000, costs of $337,000, depreciation expense of…

A: Addition to retain earning will be the amount remain after payment of all expenses ,taxes and…

Q: The Malia Corporation had sales in 2019 of $65 million, total assets of $42 million, and total…

A: Sales = 65 million Total Assets = 42 million Total Liabilities = 20 million Interest on debt = 6%…

Q: Jannah Company has sales of P1,000,000, cost of goods sold of P700,000, depreciation expenses of…

A: Operating cash flow (OCF)shows the cash or money used by the business in day to day working. it…

Q: The financial breakeven point of Soil Inc. is P90,000, while the tax rate applicable to the company…

A: Interest paid = Outstanding loan * Interest rate = 200000*10% = P20000

Q: Southeast Airlines had pretax earnings of $65 million, including a gain on disposal of a…

A: Compute income from continuing operations as shown below:

Q: Genie Company has operating income after taxes of P50,000. It has P200,000 of equity capital, which…

A: Economic value added is value addition in something, It is a measure of the financial instruments of…

Q: Patterson Brothers recently reported an EBITDA of $8.5 million and net income of $1.8 million. It…

A: Solution:- EBITDA Stands for:- Earnings before interest tax depreciation and amortization.

Q: During 2018, Raines Umbrella Corp. had sales of $742,000. Cost of goods sold, administrative and…

A: Borrowings are the liability of the company which is used to finance the requirement of the funds.…

Q: Griffin's Goat Farm, Inc., has sales of $673,000, costs of $335,000, depreciation expense of…

A: Retained earnings refer to the surplus of income earned over an accounting year. Retained earning is…

Q: HighTech Wireless just published its current income statement, which shows net income equal to…

A: Hightech has no debt it means no interest expense.   Income before tax = Net income/(1 - tax rate)…

Q: An analyst has collected the following information regarding  National Co.: Earnings before…

A: Net cash flow means the cash inflow or outflow after adding depreciation to the net profit after tax…

Q: Cox Corporation recently reported an EBITDA of $58 million and $10 million of net income. The…

A: EBITDA - Depreciation and amortization = Earnings before Interest and Tax (EBIT)

Q: The Analtoly Corporation is an electronics dealer and distributor. Sales for the last year were $4.5…

A: Answer 1: Profit on sale of securities=Sale Proceeds-Cost of securities=$120,000-$40,000=$80,000…

Q: National Co. has a financial break-even point at P260,000. Th company paid an annual interest of…

A: Fianancial Break even point  is the minimum level of EBIT needed to satisfy all the fixed financial…